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Tesla models eligible for IRA tax credits in 2024

Teslarati

The Tesla cars eligible for IRA’s $7,500 tax credit are listed below with their prices. The most significant changes to the IRA related to EV components sourced from foreign entities of concern (FEOC), which included countries like China, Iran, North Korea, and Russia. The Teslarati team would appreciate hearing from you.

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Tesla signs lithium supply agreement with China-based company 

Teslarati

The two companies have yet to decide the price for the lithium products. The United States has labeled China, Russia, North Korea, Iran, and other countries as nations of concern. According to local media outlets , the agreement states Tesla will purchase lithium carbonate products from Yahua from 2025 to 2027.

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Polestar delivers brand’s first EVs not made in China

Baua Electric

The Polestar 3 has a base price of $74,800 that’s under the $80,000 federal tax-credit cap for electric SUVs. It offers up to 315 miles of range from a 111-kwh battery pack, with a standard dual-motor all-wheel-drive powertrain rated at 489 hp and 620 lb-ft of torque, or 517 hp and 671 lb-ft in optional Performance Pack spec.

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Aurus Senat limo that Putin gifted to Kim uses South Korean parts, data shows

Baua Electric

The two leaders took turns driving the armoured limousine during Putin’s pomp-filled visit, his first in nearly a quarter of a century to North Korea, in a demonstration of the two nuclear powers’ increasingly close ties. Customers include Turkmenistan President Serdar Berdymukhamedov.

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2025 Polestar 3 starts at $74,800 and 315 miles, US deliveries in Q2

Baua Electric

in the second quarter of 2024, at a starting price of $74,800, and it’s now available to configure and order, the company announced Tuesday. Plus Pack versions add 25-speaker, 1,610-watt Bowers & Wilkins audio and upgraded upholstery—wool or “bil-attributed MicroTech”—at a price of $80,300. seconds (versus 4.9

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

However, some automakers have indicated that they will make the necessary changes to their pricing, sourcing, or manufacturing in the coming year to place some models back on the list. Financing with EV Life guarantees the best prices and the lowest rates on your EV, saving the planet while saving your pocketbook.

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What happened to the Tesla Cybertruck & Model 3’s IRA tax credit eligibility? 

Teslarati

China, Russia, and North Korea are on the list of FEOC nations. The Cybertruck AWD is only slightly under the MSRP qualification with a purchase price of $79,990. However, customers must consider that the IRA’s price qualification includes optional equipment physically attached to the vehicle.