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HomeLuxury CarsTesla Model Y "likely" won't retain full EV tax credit in 2024

Tesla Model Y « likely » won’t retain full EV tax credit in 2024


2023 Tesla Model Y - Courtesy of Tesla, Inc.Tesla expects the Model Y will no longer qualify for the full $7,500 federal EV tax credit in 2024. As noted by Electrek, the Tesla Model Y online configurator now includes a note stating that reductions in the tax-credit amount are « likely » after Dec. 31. All Model Y configurations qualify for the full $7,500 credit as long as customers take…

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