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Genesis delivers first GV60 electric vehicle in the United States

(left to right) Meghan Simpson, chief marketing officer, and Mike Sullivan, owner, Genesis Santa Monica, Patricia Wayne, first GV60 customer, and Claudia Marquez, chief operating officer, Genesis Motor North America, at Genesis Santa Monica, Santa Monica, Calif., May 26, 2022.

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Genesis has announced that it has officially delivered the first GV60 electric vehicle in the United States for the first time, as Patricia Wayne of Los Angeles officially took delivery of her vehicle on Thursday.

Wayne said she purchased the Uyuni White GV60 at a Genesis store in Santa Monica, California, after being drawn to its bold styling and advanced technologies.

“GV60’s design is simply breathtaking and you can’t beat its curb appeal,” Wayne said. “I wanted to be part of the next generation of luxury EVs. I like to think that the GV60 has evolved the basic function of electric cars into a new kind of sustainable luxury.”

In mid-May, Genesis announced it would launch and start sales of the GV60 in the United States. The small, crossover SUV is Genesis’s first EV. Tech was a core focus of the GV60 project, as the automaker mentioned several of the “world-first automotive features” it would include in including Face Connect and a Cyrstal Sphere. These are innovative new features that will enable drivers to be more connected with their vehicle, Genesis said.

Genesis brought forward a new program, called ‘Priority One,’ which curated a personalized experienced for GV60 orderer. The program was open to clients in California, Connecticut, New Jersey, and New York, and streamlined the delivery process by simplifying the stress put on the buyer. Wayne took part in the program, and said she feels “lucky” to be the first U.S. owner of the vehicle.

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(left to right) Meghan Simpson, chief marketing officer, and Mike Sullivan, owner, Genesis Santa Monica, Patricia Wayne, first GV60 customer, and Claudia Marquez, chief operating officer, Genesis Motor North America, at Genesis Santa Monica, Santa Monica, Calif., May 26, 2022.

“I’ve been following this car for almost a year now, and I’m embarrassed to admit how eager I’ve been for it to arrive,” Wayne said. “I definitely feel like a kid for the first time in a while and cannot wait to hit the road in this car. I feel so unbelievably lucky to be the first person in the U.S. to own the GV60.”

COO of Geneisis Claudia Marquez said, “The delivery of our first electric vehicle marks an important milestone for the brand. This is yet another step towards a more sustainable future, and we are pleased to be welcoming customers like Patricia to join us on this journey.”

Genesis has also collaborated with Electrify America to offer complimentary charging sessions of 30-minutes in length for the firest three years of ownership, it said. “Owners of the 2023 GV60 will have access to ultra-fast charging on Electrify America’s coast-to-coast charging network and can seamlessly locate and access charging stations while on the road via the Genesis Connected Services and Electrify America mobile apps.”

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla owners could be impacted by new EV tax credit extension rule

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date. However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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tesla showroom
Credit: Tesla

Tesla owners could be impacted by a new EV tax credit rule, which seems to be a new hoop to jump through for those who benefited from the “extension,” which allowed orderers to take delivery after the loss of the $7,500 discount.

After the Trump Administration initiated the phase-out of the $7,500 EV tax credit, many were happy to see the rules had been changed slightly, as deliveries could occur after the September 30 cutoff as long as orders were placed before the end of that month.

However, there appears to be a new threshold that EV buyers will have to go through, and it will impact their ability to get the credit, at least at the Point of Sale, for now.

Delivery must be completed by the end of the year, and buyers must take possession of the car by December 31, 2025, or they will lose the tax credit. The U.S. government will be closing the tax credit portal, which allows people to claim the credit at the Point of Sale.

We confirmed with a Tesla Sales Advisor that any current orders that have the $7,500 tax credit applied to them must be completed by December 31, meaning delivery must take place by that date.

However, it is unclear at this point whether someone could still claim the credit when filing their tax returns for 2025 as long as the order reflects an order date before September 30.

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If not, the order can still go through, but the buyer will not be able to claim the tax credit, meaning they will pay full price for the vehicle.

This puts some buyers in a strange limbo, especially if they placed an order for the Model Y Performance. Some deliveries have already taken place, and some are scheduled before the end of the month, but many others are not expecting deliveries until January.

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Elon Musk

Elon Musk takes latest barb at Bill Gates over Tesla short position

Bill Gates placed a massive short bet against Tesla of ~1% of our total shares, which might have cost him over $10B by now

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Elon Musk took his latest barb at former Microsoft CEO Bill Gates over his short position against the company, which the two have had some tensions over for a number of years.

Gates admitted to Musk several years ago through a text message that he still held a short position against his sustainable car and energy company. Ironically, Gates had contacted Musk to explore philanthropic opportunities.

Elon Musk explains Bill Gates beef: He ‘placed a massive bet on Tesla dying’

Musk said he could not take the request seriously, especially as Gates was hoping to make money on the downfall of the one company taking EVs seriously.

The Tesla frontman has continued to take shots at Gates over the years from time to time, but the latest comment came as Musk’s net worth swelled to over $600 billion. He became the first person ever to reach that threshold earlier this week, when Tesla shares increased due to Robotaxi testing without any occupants.

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Musk refreshed everyone’s memory with the recent post, stating that if Gates still has his short position against Tesla, he would have lost over $10 billion by now:

Just a month ago, in mid-November, Musk issued his final warning to Gates over the short position, speculating whether the former Microsoft frontman had still held the bet against Tesla.

“If Gates hasn’t fully closed out the crazy short position he has held against Tesla for ~8 years, he had better do so soon,” Musk said. This came in response to The Gates Foundation dumping 65 percent of its Microsoft position.

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Tesla CEO Elon Musk sends final warning to Bill Gates over short position

Musk’s involvement in the U.S. government also drew criticism from Gates, as he said that the reductions proposed by DOGE against U.S.A.I.D. were “stunning” and could cause “millions of additional deaths of kids.”

“Gates is a huge liar,” Musk responded.

It is not known whether Gates still holds his Tesla short position.

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Cybertruck

Tesla Cybertruck gets small change that makes a big difference

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Credit: diagnosticdennis/Instagram and @smile__no via Tesla Owners of Santa Clarita Valley/X

Tesla made a change to the Cybertruck, and nobody noticed. But to be fair, nobody could have, but it was revealed by the program’s lead engineer that it was aimed toward simplifying manufacturing through a minor change in casting.

After the Cybertruck was given a Top Safety Pick+ award by the Insurance Institute for Highway Safety (IIHS), for its reputation as the safest pickup on the market, some wondered what had changed about the vehicle.

Tesla Cybertruck earns IIHS Top Safety Pick+ award

Tesla makes changes to its vehicles routinely through Over-the-Air software updates, but aesthetic changes are relatively rare. Vehicles go through refreshes every few years, as the Model 3 and Model Y did earlier this year. However, the Cybertruck is one of the vehicles that has not changed much since its launch in late 2023, but it has gone through some minor changes.

Most recently, Wes Morrill, the Cybertruck program’s Lead Engineer, stated that the company had made a minor change to the casting of the all-electric pickup for manufacturing purposes. This change took place in April:

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The change is among the most subtle that can be made, but it makes a massive difference in manufacturing efficiency, build quality, and scalability.

Morrill revealed Tesla’s internal testing showed no difference in crash testing results performed by the IIHS.

The 2025 Cybertruck received stellar ratings in each of the required testing scenarios and categories. The Top Safety Pick+ award is only given if it excels in rigorous crash tests. This requires ‘Good’ ratings in updated small and moderate overlap front, side, roof, and head restraints.

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Additionally, it must have advanced front crash prevention in both day and night. Most importantly, the vehicle must have a ‘Good’ or ‘Acceptable’ headlights standard on all trims, with the “+ ” specifically demanding the toughest new updated moderate overlap test that checks rear-seat passenger protection alongside driver safety.

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