Elon Musk: Teslas Just Too Expensive For People … But We’re Fine Losing The $7,500 Tax Credit

Credit to Author: Zachary Shahan| Date: Thu, 28 Nov 2024 04:53:23 +0000

Craig Trudell at Bloomberg has pointed out something quite notable. Over the past few years, in order to explain why Tesla vehicles were not selling as much as desired (and as much as Tesla could produce them), Tesla CEO Elon Musk has noted on several occasions that they’re still just … [continued]

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Get Your Electric Car Order In ASAP! Trump Plans To Kill $7,500 EV Tax Credit.

Credit to Author: Zachary Shahan| Date: Fri, 15 Nov 2024 23:28:49 +0000

Well, here we go. Aside from some truly insane and absurd Cabinet picks, which I’m not even going to write about here (but let’s just say it’s well beyond putting the foxes in charge of the henhouse), we’re getting some initial leaks on Donald Trump’s legislative plans when he takes … [continued]

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Whoever Created The EV Leasing Loophole Subsidy Is A Clever Genius

Credit to Author: Zachary Shahan| Date: Tue, 17 Sep 2024 03:26:19 +0000

When Democrats in the U.S. House of Representatives, Democrats in the U.S. Senate, and the Joe Biden administrations worked together to extend and even revive electric vehicle subsidies for consumers, several rules were added. However, one loophole broke all of those rules, and it’s leading to a lot more electric … [continued]

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Tesla Has Gotten Tremendously More Support From Democrats

Credit to Author: Zachary Shahan| Date: Mon, 19 Aug 2024 03:57:32 +0000

A big part of this story was originally going to be about why Elon Musk has turned on Democrats, focusing particularly on he and Tesla getting slighted by Joe Biden in a press conference that really didn’t matter or mean anything. However, going into all of that probably doesn’t matter … [continued]

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IRS Guidance On Electric Drive Incentives Will Provide Clarity For The Stakeholders Throughout The Value Chain

Credit to Author: Press Release| Date: Sat, 04 May 2024 00:18:29 +0000

WASHINGTON — Following the IRS release of guidance on Section 30D and 25E incentives, Electric Drive Transportation Association (EDTA) President Genevieve Cullen said, “The Electric Drive Transportation Association (EDTA) shares the Administration’s vision for an electrified fleet, and our members are working to expand manufacturing capacity and strengthen the supply … [continued]

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U.S. DOE Releases Final Interpretive Guidance on the Definition of Foreign Entity of Concern

Credit to Author: US Department of Energy| Date: Fri, 03 May 2024 23:38:45 +0000

Final Guidance Provides Clarity on Terms that Restrict FEOCs from Clean Vehicle Tax Credits and Support Growth of Domestic Battery Materials Processing and Manufacturing WASHINGTON, D.C. — Today, the U.S. Department of Energy (DOE) finalized its guidance interpreting the statutory definition of “foreign entity of concern” (FEOC) in Section 40207 of the Bipartisan … [continued]

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If Trump Is Elected President, The US EV Tax Credit Could Be Dead — And EV Production Will Drop

Credit to Author: Zachary Shahan| Date: Wed, 07 Feb 2024 17:56:46 +0000

I know, I know — it’s unfathomable that Donald Trump would be elected president again. That said, it was unfathomable … [continued]

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Will New Tesla Model 3 Become Eligible for $7,500 Tax Credit Again?

Credit to Author: Zachary Shahan| Date: Wed, 07 Feb 2024 14:14:06 +0000

When the Democrat-controlled US Congress and President Joe Biden extended the federal tax credit for electric vehicles a couple of … [continued]

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Only 10 Electric Car Models Will Qualify For Full Federal EV Tax Credit On January 1, 2024

Credit to Author: Steve Hanley| Date: Tue, 12 Dec 2023 16:25:42 +0000

The federal electric car tax credit rules will change on January 1, 2024, leaving some prospective buyers out in the cold.

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Ford Mustang Mach-E To Lose Tax Credit in January

Credit to Author: Jennifer Sensiba| Date: Sat, 09 Dec 2023 06:58:23 +0000

Earlier this month, Ford announced to dealers that the Mustang Mach-E would be losing access to the tax credits it … [continued]

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