HR 848 (GREEN Act of 2021)
Text - H.R.848 - 117th Congress (2021-2022): GREEN Act of 2021
Those who can afford a tesla will not get the tax credit. It is for people that make less than $30k or families or household that make less than $60k. You will lose $250 for every $1k over these earnings. This also an incentive, which only take affect after Dec. 31st, 2021, you would have to wait until then to buy your BEV. Also, if said manufacture has sold more than 600K BEVs by Dec. 31st, 2021 they will not qualify for the credit. Last time I looked Tesla has sold over 800K BEVs last year, which is by far more then this bill will cover. Looking at this bill more, the sale price for the car must be less than $25,000. So, if you are waiting for this credit, it is not going to happen for Tesla. Just put your order in or wait another year for those new batteries. Though the price might go up too.