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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Former Tesla Exec Explains NEVI Program & How Trump Favored An “America Last” Policy On EVs

Credit to Author: Zachary Shahan| Date: Mon, 28 Oct 2024 19:31:49 +0000

Rohan Patel, former Vice President of Global Public Policy and Business Development at Tesla, has been superb at explaining policy matters as they relate to Tesla — both when he worked at Tesla and since he left. A couple of recent tweets from him caught my attention. I’ll start with … [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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Tesla Model 3 Long Range Now Eligible for Full $7,500 Tax Credit — Low Cost of Ownership Now

Credit to Author: Zachary Shahan| Date: Wed, 19 Jun 2024 22:07:37 +0000

You can now buy the Tesla Model 3 Long Range in the United States and get the full $7500 federal tax credit. That is, of course, if you have that much tax liability. Consult a tax professional before counting on the full $7500 if you are not sure of your … [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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Tesla 2023 IRA Document For Tax Credit — How To Get It

Credit to Author: Zachary Shahan| Date: Sat, 27 Jan 2024 04:25:01 +0000

If you bought a Tesla in 2023 and are looking to get a tax credit from the US government, it … [continued]

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