The bottom Tesla Mannequin 3 now qualifies for the total $7,500 federal EV tax credit score, becoming a member of different Mannequin 3 variants.
On Friday, Tesla followers famous that, when constructing a base Mannequin 3, Tesla then indicated that it was eligible for a $7,500 credit score. At the moment, the EPA FuelEconomy.gov checklist of certified automobiles indicated that mannequin and a number of the lineup was solely eligible for $3,750, and Inexperienced Automotive Studies reached out to the EPA for remark.
As of Tuesday, with no additional affirmation from EPA, the location was up to date to point that all the Mannequin 3 lineup is now eligible for the total quantity.
Tesla fashions qualifying for a federal EV tax credit score as of June 2023
When the federal authorities initially listed certified automobiles in April, solely these getting the Mannequin 3 Efficiency may declare the total $7,500. However now all the lineup is eligible, in response to FuelEconomy.gov. That lineup consists of the bottom rear-wheel drive Mannequin 3 and all-wheel drive Mannequin 3 Efficiency and Mannequin 3 Lengthy Vary.
This is not the one adjustment made to the checklist of certified automobiles because it was first introduced. Only a few days after that checklist was launched, Volkswagen confirmed that every one 2023 ID.4 fashions qualify for the total $7,500 credit score. A shift to native meeting of U.S.-market automobiles, in addition to native battery sourcing, enable that.
2023 Tesla Mannequin 3
The bottom Mannequin 3 presently begins at $41,630 earlier than the credit score, so this provides it an efficient worth under $35,000 if patrons qualify on family earnings restrictions.
So as to have the ability to declare the total quantity on the bottom Mannequin 3, with lithium iron phosphate (LFP) cells, Tesla will need to have modified sourcing of LFP cells to a U.S. commerce associate—not China. At the moment LFP cells for EVs aren’t made within the U.S. at any scale, however a Michigan plant making them is essential to Ford’s plans for EV affordability.