There are broader implications of the credit's new rules, which could be viewed as an "extension," although, fundamentally, the credit could mask the true issue that...
"For purposes of sections 25E, 30D, and 45W, a vehicle is 'acquired' as of the date a written binding contract is entered into and a payment...
Tesla executives have mentioned that these more affordable models would resemble the company’s current lineup.
Tesla has increased the price of both of its Model X trims by $5,000. The company made the move late Thursday evening, marking the first time...
Tesla has landed a huge break for the Cybertruck as the company announced that the all-electric pickup truck now qualifies for the IRA EV Tax Credit,...
The loss of the $7,500 electric vehicle tax credit could be the key to Tesla’s next step of dominance, and as it has already been the...
President-elect Donald Trump’s White House reportedly plans to kill the electric vehicle tax credit, which can take up to $7,500 off the price of an EV...
Former President and Republican presidential candidate Donald Trump has told one publication he would at least consider ending the $7,500 electric vehicle (EV) tax credit if...
Tesla’s Model 3 Long Range All-Wheel-Drive configuration has appeared on the list of vehicles qualifying for the IRS’s $7,500 electric vehicle tax credit, enabling carbuyers to...
The electric vehicle tax credit rules got an extension on Friday as the U.S. Department of the Treasury will allow some crucial trace minerals from China...
Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS and Department of the Treasury. In...
According to the United States (US) Treasury Department, more auto dealers are signing up for the point-of-sale electric vehicle tax credit. In November 2023, the US...
General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a big $7,500 discount on cars for...
The White House issued new guidance on federal electric vehicle (EV) tax credits this week, including a key exemption that’s considered a win for many automakers,...
The Biden Administration is discussing a temporary reprieve for automakers from stipulations in the Inflation Reduction Act (IRA) regarding materials from foreign adversaries. The reprieve would...
Tesla will be receiving lithium supplies from Quebec, giving it an edge in meeting the Inflation Reduction Act’s battery requirements for EV tax credits. A Major...
The IRS has updated its guidance relating to the Inflation Reduction Act’s (IRA) tax credit that applies to electric vehicles, with new rules coming into effect...
Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model...
The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery...
Rivian emailed customers about the Internal Revenue Service’s (IRS) recently released guidance regarding the EV tax credits under the Inflation Reduction Act (IRA) of 2022. “The...