The gov't without any notice in January changed the rules on ev rebates, only one Tesla model can now get the rebate, the model y. So musk tanked plans to expand ev's with a cheaper model and now is laying off 14k people. Cause and effect, they expanded their business based on ev rebates period stop, they were expecting those sales, this administration just took money out of Teslas pocket, probably on a political payback move, who knows.
This was a huge blow, considering how many other models across all brands het the rebate...
Why does Model 3 not qualify for tax credit?
The Model 3's base RWD and long-range variants' batteries will no longer qualify for a credit because they don't meet the requirements for the component sourcing. However, the battery in the Model 3 Performance version meets all requirements and will still be eligible for the credit.Dec 19, 2023
So the most affordable Tesla you cant get the rebate, but yet the chevy bolt which are very cheap you can get the rebate? If you are in the market for an entry level EV and one brand gives you 7500 off the top for buying and one you have to pay full price, which EV do you buy?