EV Tax Credit

Tesla embraces new immediate EV tax credit system

Tesla has embraced the new immediate use of the EV tax credit, which was announced last year by the IRS…

General Motors sidesteps loss of EV tax credit to offer big discounts for customers

General Motors is sidestepping the loss of the electric vehicle tax credit on its vehicles and will still offer a…

These are the EVs that still qualify for the $7,500 tax credit in 2024

New rules for the U.S. electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options…

Tesla Model 3 just became cheaper than Toyota Camry in California

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the…

Tesla stock climbs on tax credit inclusion, continuing stratospheric rise in 2023

Tesla stock (NASDAQ: TSLA) continued to climb on Friday following news that Model Y vehicles would completely qualify for electric…

Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that…

IRS invites consumers to comment on EV tax credit qualifications

The Internal Revenue Service (IRS) is inviting consumers to share comments on the electric vehicle tax credit qualifications. Tesla and…

Automakers are not too happy with Senator Manchin’s EV tax credit proposal

Automakers aren't too happy with Senator Manchin's EV tax credit proposal. Reuters reported that several automakers want the Democratic Senator…

Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric…

Why new EV incentives are the nail in the coffin for ICE manufacturers

The newly-revised electric vehicle incentive program, which is a part of President Biden's Build Back Better plan, could officially spell…