As of Jan. 1, 2024, you have two ways to get the EVtax credit on a new-vehicle purchase. Note that if you ordered a vehicle in 2023 but take delivery in 2024 or ‘25, the new rules apply.
President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.
The removal of the $7500 federal tax credit on the purchase of electric vehicles will effectively raise the price of Tesla Inc vehicles in the U.S. as compared to its peers and pose a huge negative ...