Haven’t seen this mentioned but it looks like Tesla will get a 10% tax credit on each Semi sold. Found this in the excitement of the extension of the $7000 personal tax credit for Tesla vehicles in the new GREEN Act.
In addition to building on existing credits, the bill creates a new credit for manufacturers for the sale of zero-emission heavy vehicles and buses, which would equal 10 percent of the sales price of such vehicle to the extent the sales price does not exceed $1 million. To qualify for this new credit, the vehicle: (i) must be for domestic use, (ii) must not weigh less than 7 tons, (iii) must not include an internal combustion engine, and (iv) must be propelled solely by an electric motor which draws electricity from a battery or fuel cell.
In addition to building on existing credits, the bill creates a new credit for manufacturers for the sale of zero-emission heavy vehicles and buses, which would equal 10 percent of the sales price of such vehicle to the extent the sales price does not exceed $1 million. To qualify for this new credit, the vehicle: (i) must be for domestic use, (ii) must not weigh less than 7 tons, (iii) must not include an internal combustion engine, and (iv) must be propelled solely by an electric motor which draws electricity from a battery or fuel cell.
