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The stainless-steel-bodied electric pickup truck is now eligible for the $7500 federal tax credit. It applies to the dual-motor Cybertruck, which for the 2025 model year starts at $82,235.
Learn about EV tax credits — who qualifies, income limits and how to claim up to $7,500 for electric vehicles. ... 2025. Varies. $55,000. Tesla. Model 3 Long Range Rear-Wheel Drive. 2024-2025 ...
Here's what his supporter Tesla CEO Elon Musk thinks of it. ... There’s a ‘real risk’ Trump could axe the $7,500 electric vehicle tax credit in 2025 — 3 reasons to act now.
Federal EV tax credits. The federal EV tax credit is split: You can get $3,750 if the vehicle meets either the critical-minerals requirements or the battery-component requirements. If it meets ...
January 18, 2025 at 10:30 AM. ... as well as the $7,500 federal EV tax credit. Despite Tesla having benefited greatly from these credits for years, Musk said in the fall he supports rolling back ...
Nevertheless, the inclusion of the full federal tax credit means the Tesla Model 3 RWD now costs $32,740 if buyers meet criteria including income restrictions and MSRP caps ($55,000 for cars ...
Tesla disclosed in December its Model 3 Rear-Wheel Drive and Long Range vehicles would lose federal tax credits starting Jan. 1. The Model 3 Performance retains the $7,500 credit.
Wedbush analysts, led by stalwart Tesla bull Dan Ives, said Trump cutting the $7,500 consumer tax credit for EVs would not be surprising, and that it would take a bigger toll on traditional car ...