Federal EV Tax Credits Slashed for Tesla’s Model 3 Configurations in 2024
The White House released updated guidance indicating a reduction in federal electric vehicle (EV) tax credits for two of Tesla Model 3 configurations starting in 2024. The revised information follows the Biden administration’s adjustments to the Inflation Reduction Act (IRA) tax incentives, with a focus on limiting reliance on materials from countries, including China. Tesla’s …
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