{"id":1212450,"date":"2023-12-15T15:35:31","date_gmt":"2023-12-15T20:35:31","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1212450"},"modified":"2023-12-15T15:35:31","modified_gmt":"2023-12-15T20:35:31","slug":"tesla-model-3-may-lose-7500-tax-credit-in-2024-under-new-battery-rules","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1212450","title":{"rendered":"Tesla Model 3 may lose $7,500 tax credit in 2024 under new battery rules"},"content":{"rendered":"<div id=\"rss-wrap\">\n<figure class=\"intro-image intro-left\">\n  <img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/12\/Tesla-Model-3-1-1-800x600-1.jpg\" alt=\"Tesla Model 3 may lose $7,500 tax credit in 2024 under new battery rules\" \/><\/p>\n<p class=\"caption\" style=\"font-size:0.8em\"><a href=\"https:\/\/cdn.arstechnica.net\/wp-content\/uploads\/2019\/03\/Tesla-Model-3-1-1.jpg\" class=\"enlarge-link\" data-height=\"1536\" data-width=\"2048\">Enlarge<\/a> (credit: Jonathan Gitlin)<\/p>\n<\/figure>\n<div><a name=\"page-1\" \/><\/div>\n<p>Tesla has engaged in a series of price cuts over the past year or so, but it might soon want to think about making some more for the Model 3 sedan. According to the automaker&#8217;s website, the Tesla Model 3 Long Range and Tesla Model 3 Rear Wheel Drive will both lose eligibility for the $7,500 IRS clean vehicle tax credit at the start of 2024. (The Model 3 Performance may retain its eligibility.)<\/p>\n<div class=\"image shortcode-img center full\"><img decoding=\"async\" alt=\"From Tesla's website.\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-15-at-2.41.50E280AFPM.png\" \/><\/p>\n<p class=\"caption\" style=\"font-size:0.8em\">From Tesla&#8217;s website. (credit: Tesla)<\/p>\n<\/div>\n<p>The beginning of 2023 saw the start of <a href=\"https:\/\/arstechnica.com\/cars\/2023\/01\/heres-what-you-need-to-know-about-the-new-ev-tax-credit-for-2023\/\">a new IRS clean vehicle tax credit<\/a>, meant to incentivize people by offsetting some of the higher purchase cost of an electric vehicle. The maximum credit is still $7,500\u2014just like the program it replaced\u2014but with a range of new conditions including income and MSRP caps, plus requirements for <a href=\"https:\/\/arstechnica.com\/cars\/2023\/03\/heres-how-the-irss-clean-vehicle-tax-credit-will-change-on-april-18\/\">increasing the amount of each battery that must be refined and produced in North America<\/a>.<\/p>\n<p>A new hiccup appeared at the start of December 2023, though\u2014in the form of new guidance from the US Treasury department regarding &#8220;foreign entities of concern.&#8221;<\/p>\n<\/div>\n<p><a href=\"https:\/\/arstechnica.com\/?p=1991506#p3\">Read 3 remaining paragraphs<\/a> | <a href=\"https:\/\/arstechnica.com\/?p=1991506&amp;comments=1\">Comments<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Ars Technica &#8211; <a href=\"https:\/\/arstechnica.com\/?p=1991506\" target=\"_blank\" rel=\"noopener\">Tesla Model 3 may lose ,500 tax credit in 2024 under new battery rules<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enlarge (credit: Jonathan Gitlin) Tesla has engaged in a series of price cuts over the past year or so, but it might soon want to think about making some more for the Model 3 sedan. According to the automaker&#8217;s website, &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1212450\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1212451,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1212450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1212450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1212450"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1212450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1212451"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1212450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1212450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1212450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}