2025 Cybertruck now listed as eligible for $7500 federal tax credit

[ehua329]

Wasn't the POS an executive order?

Besides, with an all Republican house, Senate, Justice and Executive there's no reason to believe it will likely end.

Oh yeah - the incoming administration has an array of avenues to affect the implementation! What I was saying was in lieu of the uncertainty - ranging from worst case removing the EV credit all together in a rapid manner, to better but still bad case of making it more difficult to claim in the near term and eventually removing the program, Tesla is waiting to get a clearer picture before updating the website for information (and accurate logistical) reasons

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[tylerthehuman]

when i placed my order i got the floor mats at the same time. delivered today, i got them laid out on the ground pretending i'm driving a cybertruck. if nothing happens in january I'll probably just pull the trigger on it before i lose anymore value on my trade in.

 

[Fugue]

when i placed my order i got the floor mats at the same time. delivered today, i got them laid out on the ground pretending i'm driving a cybertruck. if nothing happens in january I'll probably just pull the trigger on it before i lose anymore value on my trade in.

Same. My interior mats and vault divider are sitting in the back of my garage awaiting their Cybertruck.

 

[Sirfun]

Bump. It's strange how Tesla has gone silent on the $7500 tax incentive. Earlier everyone was saying that it had to be a 2025 vin number to qualify and that there are no Cybertrucks that are 2025 being sold. Lately I'm seeing all these YouTube videos on Cybertrucks are not selling. But nobody seems to be talking about the possibility that folks are holding off purchasing 2024 Cybertrucks waiting for 2025. Plus, you would think, since it's mid-January 2025, there would be 2025 Cybertrucks being delivered. When I look up Model Y inventory, they are selling 2025 Model Y's. Which also seems strange, because I thought the new Juniper edition was going to be the start of 2025 Model Y. Then today I see a story, Tesla is moving workers from the Cybertruck line to Model Y production. What's the scoop?

 

[mongo]

Bump. It's strange how Tesla has gone silent on the $7500 tax incentive. Earlier everyone was saying that it had to be a 2025 vin number to qualify and that there are no Cybertrucks that are 2025 being sold. Lately I'm seeing all these YouTube videos on Cybertrucks are not selling. But nobody seems to be talking about the possibility that folks are holding off purchasing 2024 Cybertrucks waiting for 2025. Plus, you would think, since it's mid-January 2025, there would be 2025 Cybertrucks being delivered. When I look up Model Y inventory, they are selling 2025 Model Y's. Which also seems strange, because I thought the new Juniper edition was going to be the start of 2025 Model Y. Then today I see a story, Tesla is moving workers from the Cybertruck line to Model Y production. What's the scoop?

Tesla hasn't gone silent since Tesla never said anything about the credit (outside of informing IRS of 2025 eligibility).
A vehicle needs a 2025 VIN and an eligible battery pack.
There are reports of 2025s being delivered.
People are pointing out the added incentives on 2024 inventory.
Juniper is rolling out in China first.
Story is old, the shifted workers a while ago. Y is higher volume than Cybertruck and one would expect production efficiency to improve for CT.

 

[DocB]

2025 CTs are being sold. I was offered one but it didn’t qualify for the credit.
Has ANYONE received the credit?

 

[YDR37]

2025 CTs are being sold. I was offered one but it didn’t qualify for the credit.
Has ANYONE received the credit?

I suspect the answer is "no".

On the Tesla Inventory page, some models have a box that you can check or uncheck for "Include $7,500 Federal Tax Credit" in the price.

That box exists if you are looking at the Model 3 and Model Y, including both 2024s and 2025s. And as you would expect, the price of a 2024/2025 Model 3/Y instantly goes up or down by $7,500 if you check or uncheck the box.

But if you switch to the Cybertruck, the box disappears. Tesla will not even provide the option to include the tax credit in the price.

 

[mitchell.glass]

I have been to, 2 different show rooms in austin texas and got different answers. It is very strange. I would say wait till monday, to see what happens with executive orders. i doubt its a top of the line issue. I Have a direct email from tesla saying that, at this time., the 7500 point of sale, does line up with the irs website. they are working on clarafication.

 

[YDR37]

Tesla will not even provide the option to include the tax credit in the price.

So why not? I've heard various theories, some more credible than others.

(1) To be eligible for the full tax credit, a vehicle has to include a certain percentage of American-made parts. The 2025 CTs that are currently being produced have Chinese-made batteries that disqualify them.

(2) Tesla still has substantial inventory of 2024 CTs, which are not eligible for the tax credit. The remaining 2024s could become difficult to sell, if the tax credit was available on 2025s. If you had a choice, and a 2025 CT was both newer and $7,500 cheaper than a 2024 CT, which would you buy? So Tesla needs to sell off the remaining 2024s before they can start offering the tax credit on 2025s.

(3) Elon has inside info that the tax credit is going away very soon. However, this doesn't explain why Tesla is currently offering it on sales of other 2025 models.

 

[mongo]

So why not? I've heard various theories, some more credible than others.

(1) To be eligible for the full tax credit, a vehicle has to include a certain percentage of American-made parts. The 2025 CTs that are currently being made have Chinese-made batteries that disqualify them.

To be technical, as of Jan 1 2024, Chinese components in the cell/module make the vehicle ineligible. The percentage sourcing thresholds don't matter in that situation.
In 2025, that also applies to Chinese minerals.

 

[mitchell.glass]

I just dont see why there is no clear cut response from Tesla for this. News everywhere about it, just wouldm make sense for them to release a statement regarding it. I mean, they claimed there was 2 million pre orders also, but they are loaded of them on every tesla lot.

 

[Macgreiner]

I just dont see why there is no clear cut response from Tesla for this. News everywhere about it, just wouldm make sense for them to release a statement regarding it. I mean, they claimed there was 2 million pre orders also, but they are loaded of them on every tesla lot.

There is no clear cut response from Tesla because they don't have anyone PR function. What other company uses twitter rumors as the main means of product information. It is infuriating that we put up with this.

 

[DocB]

As I see it, the EV tax credit situation for 2025 CTs will depend on the following two factors:

• When Tesla clears its remaining inventory of 2024 CTs.
• When (and if) the incoming administration revokes the EV tax credit.

Unfortunately, there is a lot of uncertainty for both factors.

Best-case scenario: Tesla sells off the remaining 2024s quickly, and the tax credit stays indefinitely. CT customers get prompt access to 2025 AWDs for $80,000, and can apply the $7,500 credit. In the very best case, Tesla introduces a 2025 RWD for $61,000, which is also eligible for the $7,500 credit.

Worst-case scenario: Tesla can’t clear the 2024s before the new administration takes office. The new administration immediately revokes the tax credit. The 2025 AWD eventually goes on sale for $80,000, but the $7,500 credit is never available. The 2025 RWD for $61,000 never appears.

Both scenarios are realistically possible. Another possible scenario: Tesla clears the 2024s from inventory and offers 2025s with the credit, but there is only a limited "window of opportunity" to apply the credit before the new administration yanks it.

I think it would be best to incentivize the sale of the 2024 CTs. Once the tax credit applies for the 2025 model, they will sell like hotcakes. That would be good for Tesla and it would stop frustrating potential buyers before they just say f..k it and take their money elsewhere.

 

[YDR37]

I think it would be best to incentivize the sale of the 2024 CTs.

Well, that appears to be exactly what Tesla is doing. In my area, the Tesla inventory page is currently offering the following incentives for 2024 CTs:

- 2024 non-Foundation Series: small discounts (like $1,600-$2000) on new, a bit more for demos.
- 2024 Foundation Series: even smaller discounts, but free lifetime Supercharging through 01/31/25.

No discounts or incentives on 2025s.

I suspect that most potential CT customers won't be motivated by the current incentives on 2024s; they would rather wait for the possible $7,500 tax credit on a 2025. On the other hand, some people won't care about the tax credit, either because:

- they have too much income to qualify for the credit (150K for an individual , or $300K for a couple), or
- they want a CT that costs more than the qualifying price cap (of $80K).

So the incentives should help to move 2024s, but maybe not at a very fast rate.

 

[MSL2]

Or special financing. Doesn't even have to be 0%, maybe 1.99%. If you do the math you will save more money with low financing than the $7500 tax credit. Obviously depends on how much you finance but for most this probably holds true.

Tesla is pretty creative with stuff like this, they'll think of something to move them.

Lucky guess with the 1.99%. I honestly didn't expect it to apply on ALL Cybertrucks though. I thought they would use this to move the 2024's and FS trucks. Not complaining though, I changed my order to take advantage of both the $7,500 rebate and the 1.99% financing.

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