Will Tesla accept the 2024 EV tax credit off the purchase price?

[Crissa]

Not sure why Elon does not make big stink about dealership. Giga Austin is in Texas and so is starbase X. Lots of leverage there. I would short selling dealerships and ICE repair shops if I am able to.

To what end?

Once Tesla has enough employees in the state, they'll dwarf the dealers.

-Crissa

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[BayouCityBob]

I believe the definition of ‘dealer’ is already/also used in the current tax paradigm?

is it a definition that is only relevant to the on the hood rebate?

in any event, Tesla is a dealer - the thing is just what ‘dealership’ a given owner has to purchase from in a given state. EG in Texas we have to purchase from a dealer in another state, with the car delivered to Texas.

not really different than if I found an F150 for sale on a lot in Oklahoma, and asked them to drop it off to me

The dealer definition is only relevant in the law for the on-the-hood rebate and the used EV rebate. Tesla is not a dealer under the law in Texas (or connecticut, etc.) but then again, as you say, we are not buying from Tesla in Texas we are buying from Tesla in California (at least mast Tesla I bought four weeks ago) so they are a dealer there. Probably fine. Crazy IRA!

 

[scottf200]

To what end?
Once Tesla has enough employees in the state, they'll dwarf the dealers.
-Crissa

Unclear what does for them technically and legally?

 

[Crissa]

Unclear what does for them technically and legally?

Political power is derived from money and votes. Jobs represent both.

-Crissa

 

[PilotPete]

The dealer definition is only relevant in the law for the on-the-hood rebate and the used EV rebate. Tesla is not a dealer under the law in Texas (or connecticut, etc.) but then again, as you say, we are not buying from Tesla in Texas we are buying from Tesla in California (at least mast Tesla I bought four weeks ago) so they are a dealer there. Probably fine. Crazy IRA!

Bob,

I understand there is a Texas issue with "dealership" in Texas. That is a state definition. But the rebates are from the feds. What is the federal definition? How does an entity qualify as a "dealer" for federal purposes? I would assume that if you are a dealer anywhere in any state, then you could qualify. Remember, Tesla Inc. is not a separate corporation in different states. It is possible that a single "dealership" license anywhere in the country will qualify you for all transactions. What I mean is, let's say they held only one license in only one location, Fremont, CA. All the sales paperwork could be funneled through Fremont with deliveries "somewhere else". This sounds like the method Tesla is using to get around the state law, but we aren't talking about state law when it comes to the rebates. Sometimes the difference between state and federal law can work to your advantage.

 

[Startreknerd]

there is no quad

And they’ll be shipping mostly duals early on

(though there may be an unusually high % of tri’s in the first couple of delivery batches, in the months following that tri’s will be relatively rare)

Of course there's a Quad. That's the only one doing the 4 wheel steering. And it most certainly will lead. Followed by the Tri, the Dual won't be out for a year.

https://www.notebookcheck.net/Tesla... 500,releasing first - NotebookCheck.net News

 

[Crissa]

Of course there's a Quad. That's the only one doing the 4 wheel steering. And it most certainly will lead. Followed by the Tri, the Dual won't be out for a year.

https://www.notebookcheck.net/Tesla-Cybertruck-to-skip-500-mile-variant-at-launch-with-350-mile-quad-motor-AWD-model-releasing-first.734300.0.html#:~:text=Tesla Cybertruck to skip 500,releasing first - NotebookCheck.net News

There's no evidence for these statements, tho.

-Crissa

 

[Startreknerd]

There's no evidence for these statements, tho.

-Crissa

Musk said there will be a Quad. Will it be first? Why wouldn't it be first? The Model 3 Long Range was before the Mid, was before the Standard+, was before the Standard.

The Tri was supposed to be $69k, which it most likely will be over $79,999. Musk himself said it will cost more. Many analysts say at least $10k higher because inflation and materials costs over the last 4 years. So it likely won't get the tax credit and therefore the Quad won't either.

The Dual will be higher than the original price of $49k but probably below $80k. So it will qualify but again, why would Tesla start low and go higher?

There's been zero talk of the Single, and many suggest it will simply be cancelled.

 

[cvalue13]

Of course there's a Quad. That's the only one doing the 4 wheel steering. And it most certainly will lead. Followed by the Tri, the Dual won't be out for a year.

https://www.notebookcheck.net/Tesla-Cybertruck-to-skip-500-mile-variant-at-launch-with-350-mile-quad-motor-AWD-model-releasing-first.734300.0.html#:~:text=Tesla Cybertruck to skip 500,releasing first - NotebookCheck.net News

that’s not how 4-wheel steering works

note that your single engine ICE vehicle turns more than one wheel (up to 4!)

your expectation of a quad is already gone

and your expectation of a tri leading dual is on its head

tri and dual will both be released, with duals out-numbering tri’s in terms of availability

 

[Jhodgesatmb]

Tesla is nowhere near the same financial situation as they were for the 3. Look for them to start with whatever they can produce the fastest and clear the most people out of the que. And if you still think they are only motivated by financials, then think of this equation...

Who makes more money? Concept A; where you build 50 a week initially at a $20k profit each, or Concept B; where you build 100 a week at a $11k profit? And remember their mission, to convert the world to EVs as quickly as possible. Now which one makes more sense?

Not to mention that, for most people, range is king. If they try selling disks at 300 miles range many may opt for a tri and that doesn’t address the desire to get people driving electric trucks. No matter what @cvalue13 says or knows.

 

[Crissa]

Musk said there will be a Quad. Will it be first? Why wouldn't it be first? The Model 3 Long Range was before the Mid, was before the Standard+, was before the Standard.

The Tri was supposed to be $69k, which it most likely will be over $79,999. Musk himself said it will cost more. Many analysts say at least $10k higher because inflation and materials costs over the last 4 years. So it likely won't get the tax credit and therefore the Quad won't either.

The Dual will be higher than the original price of $49k but probably below $80k. So it will qualify but again, why would Tesla start low and go higher?

There's been zero talk of the Single, and many suggest it will simply be cancelled.

Making forward-looking statements without evidence is still without evidence.

I think there will be a quad, because he said so. I think it'll be announced on delivery day, but don't know when it'll be shipped.

There's no evidence the quad is the one doing the four-wheel steering, or that the tri or dual will be delayed a year, or that any of these will have a high increase in their price, let alone above the $80k tax credit. We've had pretty endless threads about this, there's lots of reasons Tesla won't risk their unprecedented demand by sky-high prices. Most of all, nearly Tesla prices are back where they were on Cybertruck announcement day.

There's been no talk about any motor configuration since Elon's announcement they were aiming to have a quad motor first.

-Crissa

 

[PilotPete]

Of course there's a Quad.

Musk said there will be a Quad.

your expectation of a quad is already gone

Oh, there will CERTAINLY be a quad. (if you count the tri-motor and the BAW motor, that makes 4.)

 

[cvalue13]

Not to mention that, for most people, range is king. If they try selling disks at 300 miles range many may opt for a tri and that doesn’t address the desire to get people driving electric trucks. No matter what @cvalue13 says or knows.

what’s going to real sour your grapes is if the tri doesn’t have more range and is instead a ‘performance’ model like the Model S Plaid (which has a touch *less* range)

 

[cvalue13]

Oh, there will CERTAINLY be a quad. (if you count the tri-motor and the BAW motor, that makes 4.)

the BAW might have TWO motors!
The other one takes up that space under the dash

 

[Startreknerd]

that’s not how 4-wheel steering works

note that your single engine ICE vehicle turns more than one wheel (up to 4!)

your expectation of a quad is already gone

and your expectation of a tri leading dual is on its head

tri and dual will both be released, with duals out-numbering tri’s in terms of availability

I'm not saying it has to be quad, but why would they be testing the dual? They release higher trims and go lower.

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