2025 CyberTruck individual order that actually received the $7.5k tax credit/rebate ?

[Trbizwiz]

Wow .. I thought Tesla was on the cutting edge of Technology .. the IRS has updated their records, but Tesla doesn't know about it yet? Again, it doesn't have to be at PoS for me, Tax Time is fine, but paperwork is needed from Tesla at the time of purchase, which seems they can't do. Huge bummer...

Short story, don't buy Cybertruck, based on the $7500 credit.

Long story,
Its unclear how the program will change this year. That determination is supposed to be made very soon. Tesla is probably awaiting word on how it will change. Its possible the program will end immediately. It is unclear if rebates will be honored for purchases in 2025. Its reasonable to hope that any purchases made after 1-1-25,a dn before the program is cancelled, will be honored. But this is a government program. Its not promised, and it can change. If you're purchase decision was made based on this rebate, I suggest you hold off on that purchase until you know for certain. Hopefully you can negotiate that delay with your tesla rep. But also know, that if the first few weeks of sales end up grandfathered on last years rebate for other EVs, and all future purchases are exempt from the rebate, you may miss out.

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[mongo]

Short story, don't buy Cybertruck, based on the $7500 credit.

Long story,
Its unclear how the program will change this year. That determination is supposed to be made very soon. Tesla is probably awaiting word on how it will change. Its possible the program will end immediately. It is unclear if rebates will be honored for purchases in 2025. Its reasonable to hope that any purchases made after 1-1-25,a dn before the program is cancelled, will be honored. But this is a government program. Its not promised, and it can change. If you're purchase decision was made based on this rebate, I suggest you hold off on that purchase until you know for certain. Hopefully you can negotiate that delay with your tesla rep. But also know, that if the first few weeks of sales end up grandfathered on last years rebate for other EVs, and all future purchases are exempt from the rebate, you may miss out.

There really isn't a route to retroactively clawback time of sale credit transfers. And the executive order was for appropriation, which the 30D credit isn't.
For Cybertruck, until Tesla announces eligibility and starts running AWD sales through the IRS portal at delivery, there is no credit (even at tax filing time).

 

[Gritted Cybe]

I think all should be watching this site: https://www.tesla.com/IRA
It still has "2024 models" and probably has not been updated since last year. When it is updated to reflect 2025 models, that's when we would probably have more information on the tax credit. I'm guessing February or March.

 

[Lasttoy]

Irs form 8936. It's in turbo tax

 

[Trbizwiz]

There really isn't a route to retroactively clawback time of sale credit transfers. And the executive order was for appropriation, which the 30D credit isn't.
For Cybertruck, until Tesla announces eligibility and starts running AWD sales through the IRS portal at delivery, there is no credit (even at tax filing time).

There is a retroactive claw back if you get POS credit on applicable models, and it turns out your income is over the limit for the two years in question. So I would never make a purchase assuming I was absolutely going to get a government subsidy. Politicians and lawyers are better than me at implementing back door advantages.
I do agree with you about the Tesla announcement of the tax credit. Ultimately its their responsibility then. Which is probably why they have not uploaded it. They already know its going to be cut off, and they don't want the negative publicity of adding it, and then pulling it. Adding it makes 24 buyers mad. Taking it away makes the influx of 25 buyers mad.

As a side note, its highly likely a price cut will be forthcoming. Tesla dropped prices the last time the EV tax credit went away. Tesla also tries to lower prices as production finds efficiency. Tesla also employs dynamic pricing to match supply with demand. Cybertruck has inventory available. No telling how much, or how soon, but it will come. For written evidence I'll refer you to the master plan.

" However, that misses the point, unless you understand the secret master plan alluded to above. Almost any new technology initially has high unit cost before it can be optimized and this is no less true for electric cars. The strategy of Tesla is to enter at the high end of the market, where customers are prepared to pay a premium, and then drive down market as fast as possible to higher unit volume and lower prices with each successive model. "

Tesla has shown us time and again that they practice this philosophy with in each models lifespan as well. Its not just a model to model plan, but iterations within model lifespan. Plaid for instance is almost $50K cheaper today, than at launch in 2022. That would be equivalent to a fully loaded foundation Cyberbeast priced at $80K. I am not saying it will happen, but if it were to follow the past trend. Clearly waiting until Cybertruck hits your price target is best, if it is an option for you.

 

[BlueLightning]

With all the Discord, when will the price drop outside the tax credit?

 

[BoKristensen]

I am leasing. Ordered last week and take delivery on the 27th. $7500 came off at POS in my case.

 

[mongo]

I am leasing. Ordered last week and take delivery on the 27th. $7500 came off at POS in my case.

It came off your lease terms (45W), that's different than the time of sale credit (30D).

 

[YDR37]

I think all should be watching this site: https://www.tesla.com/IRA
It still has "2024 models" and probably has not been updated since last year. When it is updated to reflect 2025 models, that's when we would probably have more information on the tax credit.

It's true that Tesla's "Federal Tax Credit" page hasn't been updated for 2025. But ...

They already know its going to be cut off, and they don't want the negative publicity of adding it, and then pulling it.

It's also true that the new administration could restrict or eliminate the tax credit in 2025. But ...

Here's another true point to consider: Tesla is currently offering the tax credit on other eligible 2025 vehicles. If you visit the Tesla inventory page and look for a 2025 Model Y or Model 3, you'll get a check box that toggles the $7,500 tax credit on or off, and the price of the 2025 vehicle will change accordingly. Like this 2025 Model Y, for example:

But if you search for a Cybertruck instead of a Model Y, that checkbox instantly disappears. So Tesla has no problem applying the $7,500 tax credit to eligible 2025 vehicles -- they just won't apply it to the 2025 Cybertruck specifically.

Why not? Well, since Tesla is applying the tax credit to 2025 M3s and MYs, seems like it is most likely a Cybertruck-specific issue. My guess would be unsold 2024 inventory (but that's just a guess).

 

[Gritted Cybe]

Why not? Well, since Tesla is applying the tax credit to 2025 M3s and MYs, seems like it is probably a Cybertruck-specific issue. My guess would be unsold 2024 inventory (but that's just a guess).

Unsold 2024 inventory is something thats reoccurring and makes a lot of sense.

 

[Trbizwiz]

It's true that Tesla's "Federal Tax Credit" page hasn't been updated for 2025. But ...

It's also true that the new administration could restrict or eliminate the tax credit in 2025. But ...

Here's another true point to consider: Tesla is currently offering the tax credit on other eligible 2025 vehicles. If you visit the Tesla inventory page and look for a 2025 Model Y or Model 3, you'll get a check box that toggles the $7,500 tax credit on or off, and the price of the 2025 vehicle will change accordingly. Like this 2025 Model Y, for example:

But if you search for a Cybertruck instead of a Model Y, that checkbox instantly disappears. So Tesla has no problem applying the $7,500 tax credit to eligible 2025 vehicles -- they just won't apply it to the 2025 Cybertruck specifically.

Why not? Well, since Tesla is applying the tax credit to 2025 M3s and MYs, seems like it is most likely a Cybertruck-specific issue. My guess would be unsold 2024 inventory (but that's just a guess).

It could be that, or it could be the underlying issue for 2024 Cybertruck not conforming to the standards to qualify. I don't know for sure, but reading between the lines, they bought cathode material form LG, which was imported, for 4680 cells. Perhaps Tesla has not fully transitioned to local supply of cathode. Or perhaps they have not yet met regulatory hurdles to prove they have. Range changed down slightly with non foundation. Not sure if that had to do with new cathode material Tesla will detune new tech until its fully tested out. This is all speculation, but past history does give us some clues to how Tesla operates.

 

[YDR37]

If you visit the Tesla inventory page and look for a 2025 Model Y or Model 3, you'll get a check box that toggles the $7,500 tax credit on or off, and the price of the 2025 vehicle will change accordingly.

... So Tesla has no problem applying the $7,500 tax credit to eligible 2025 vehicles -- they just won't apply it to the 2025 Cybertruck specifically.

Why not? Well, since Tesla is applying the tax credit to 2025 M3s and MYs, seems like it is most likely a Cybertruck-specific issue. My guess would be unsold 2024 inventory (but that's just a guess).

I didn't realize this initially, but there are even a few basic 2025 Model Xs out there that are priced just below $80,000, and which qualify for the tax credit. They are not common, but they do exist. For example, here is a 2025 MX in North Carolina priced just below the $80,000 cap, at $79,990. Tesla will apply the $7,500 tax credit, which drops the price to only $72,490:

So again, the lack of the tax credit on 2025 Cybertrucks has to be a CT-specific issue. Tesla has no problem applying the tax credit to the 2025 Model 3, the 2025 Model Y, and even the 2025 Model X.

 

[SCTesla]

I didn't realize this initially, but there are even a few basic 2025 Model Xs out there that are priced just below $80,000, and which qualify for the tax credit. For example, here is a 2025 MX in North Carolina priced just below the $80,000 cap, at $79,990. Tesla will apply the $7,500 tax credit, which drops the price to only $72,490:

So again, the lack of the tax credit on 2025 Cybertrucks has to be a CT-specific issue. Tesla has no problem applying the tax credit to the 2025 Model 3, the 2025 Model Y, and even the 2025 Model X.

The X qualified last year, too. Goes with what is known, that existing vehicles are still eligible. Doesn't change anything about what we know/don't know.

I think the most relevant data point is that it took Tesla almost 6 months to get the M3 to qualify and it was explained as a paperwork issue.

 

[cbr1000]

Somehow this has become over complicated.

I talked to Tesla rep recently.

They simply do not have any current Cybertrucks that qualify for the EV credit being discussed ($7500 EV pos credit for cash or finance).

Per the Tesla rep. when Tesla has Cybertrucks available that qualify they will update the website. This is likely delayed because the number of HV battery warranty exchanges they are currently doing.

 

[SCTesla]

Somehow this has become over complicated.

I talked to Tesla rep recently.

They simply do not have any current Cybertrucks that qualify for the EV credit being discussed ($7500 EV pos credit for cash or finance).

Per the Tesla rep. when Tesla has Cybertrucks available that qualify they will update the website. This is likely delayed because the number of HV battery warranty exchanges they are currently doing.

You understand that the answer you received gives no additional context. No CTs qualify unless Tesla files for it. Why they haven't is the guess; paperwork, 2024 models, battery issues, etc. all just guesses.

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