BREAKING! PURE POLITICS? Tesla Model 3 To Lose ENTIRE $7500 EV Credit In 2024

In 2024, the Tesla Model 3 will lose its full $7,500 federal tax credit due to stricter battery component requirements. The Model 3 RWD and Long Range trims will be affected, likely due to sourcing from a "foreign entity of concern." Tesla's Model S and Model X are already ineligible due to price caps.

Do you think it will create a rush of buyers before yer end?

BREAKING: Tesla has received updated guidance from the IRS. The Model 3 RWD & Long Range will lose the ENTIRE $7,500 Federal EV credit starting January 1, 2024.

Tesla previously thought the EV credit for those trims would be cut to $3,750, but now their interpretation is $0.… pic.twitter.com/VlruMDM31H

— Sawyer Merritt (@SawyerMerritt) December 13, 2023