Upcoming Tax Credit Changes for Tesla Model 3 RWD and Long Range: Act Fast for Full Benefits!

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alwepo, Exciting news for Tesla enthusiasts, but with a twist – starting January 1, 2024, significant changes are coming to the US federal tax credit for Tesla’s Model 3 Rear-Wheel Drive (RWD) and Long Range trims. Currently enjoying the full €7,000 tax credit, these specific models will see a reduction to €3,490 from the new year onwards, provided they meet the qualifying criteria.

Upcoming Tax Credit Changes for Tesla Model 3 RWD and Long Range: Act Fast for Full Benefits!

In response to this impending alteration, Tesla is on a mission to alert potential buyers to act swiftly. If you have your heart set on the RWD or Long Range Model 3 and wish to capitalize on the current €7,000 tax credit, the clock is ticking. Orders must be placed ASAP to ensure delivery by December 31, securing the full tax credit. As an added incentive, those who manage to meet this deadline will also enjoy six months of complimentary Supercharging.

The change in tax credit stems from the latest guidance under the Inflation Reduction Act, as announced by the US government last week. Tesla has officially confirmed this information on its website, ensuring transparency for all interested parties. The official statement from Tesla reads as follows:

“Customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible for a tax credit up to $7,500. Tax credit will reduce to $3,750 for Model 3 Rear-Wheel Drive and Model 3 Long Range on Jan 1, 2024. Take delivery by Dec 31 for full tax credit. Only for eligible cash or loan purchases.”

The Model 3 RWD and Long Range variants are slated for this adjustment, and while Tesla hasn’t explicitly explained the rationale, speculation suggests it could be related to the battery packs incorporating Chinese components. As the automotive landscape undergoes these shifts, Tesla enthusiasts are advised to seize the opportunity promptly, ensuring they don’t miss out on the current tax credit benefits before the calendar flips to 2024. It’s a limited-time window for a significant financial advantage, and Tesla is leading the charge to keep its community well-informed.

 

source: insideevs