Model 3 S

  • Tesla to lose $7,500 federal tax credit for some Model 3 vehicles

    On its website this week, Tesla said that based on new guidance under the U.S. Inflation Reduction Act, its Model 3 Rear-Wheel Drive and Long-Range vehicles will lose up to US$7,500 federal tax credit from December 31. Earlier this month, the U.S. Treasury issued guidelines on new battery sourcing restrictions aimed at weaning the U.S.…

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