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Tax Credit Bill
- Thread starter golfcart
- Start date
Ehh to be honest tesla seems to benefit the most from this credit. It was only them and GM I believe over the limit. Now with this credit more EVs are not eligible like Rivian, Hyundai, maybe BMW? Etc
I saw Hyundai already claiming some kind of anti trade violation with this
Thought I read that requirement wouldn’t start until 2024? The China one. Also I think LR 3 and the Y (non 4680) qualify? Feel like nobody is quite sure exactly what is going to happen.
My relative got an email about her iD4 and it said like 10 times we don’t know what will happen and can’t guarantee the incentive, etc etc. I’m sure many automakers are way more affected than Tesla here
I hope your wrong about that because then it’s possible virtually no EVs would qualify for any credit next year. Maybe the bolt but I’m not even sure about that. I don’t think the law has been really interpreted for specific models yet so we’ll see.
PHEVs should be easier to qualify since the battery is much smaller and presumably easier to source materials for. That scenario, where phevs qualify and evs don’t would be the ultimate stupid bureaucratic government irony. I don’t think Pete would allow it!
Irony thy name is most govt. programs. That being said i'm in the PHEV market too for my wife who doesn't like trips with kids in my 3.
Any PHEVs that would be sure to qualify as battery source stands now?
Also when is Biden expected to sign now? So far only kia would take deposit and I don't care for the local dealer..
Today after 1:15 PM Eastern. He is stopping by DC to sign it while on the way from vacation in South Carolina to Delaware, where he will be visiting more family.
cdub
OG 2011 Leaf / 2023 Model Y LR
Ryan from RTL podcast told me that the Y will qualify even if it's optioned above 80 because it starts under 80. The consumer reports article above implies otherwise.
My Tesla rep can't tell me anything yet either. No official word yet.
ZenRockGarden
Active Member
If the law is strictly enforced as written. almost no EV's will qualify. I don't think any carmaker can clear the price threshold, and also prove their batteries contain metals sourced from within the narrow list of allowed countries - in fact most makers are getting batteries from 3rd parties who source materials from all kinds of places without any tracking as to which lump of Lithium and Nickle went into what batch of cells for a certain car's pack.
Tesla has the best shot at it, since they do their own supplier contracts and build at least some cells in house. The LFP's are almost certainly not going to qualify, but they might get at least some of the 4680's to pass.
Tesla has the best shot at it, since they do their own supplier contracts and build at least some cells in house. The LFP's are almost certainly not going to qualify, but they might get at least some of the 4680's to pass.
I changed configuration so now it’s under $80k, not just because of tax credit but also for other reasons. Now my only add-on is fsd which happens to put it only about $500 below $80k.
cdub
OG 2011 Leaf / 2023 Model Y LR
Ahh. I have a 7 seater on order which is why I didn't add the FSD as it pushed me over 80k.
just do it later. Charge on a credit card to get points too.
ElectricIAC
Good-Natured Rascal
Or don’t. Because FSD is worth about as much as a three dollar bill.
cdub
OG 2011 Leaf / 2023 Model Y LR
ElectricIAC
Good-Natured Rascal
cdub
OG 2011 Leaf / 2023 Model Y LR
Is all of this moot? No Tesla will qualify until 2024? I don't think that's right.
Yea I think the battery requirements are holding basically everyone back. Juries still out on whether you can get half or not though…
Also has anyone heard anything about the ev charger install rebate being extended due to this bill?
