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

[Macgreiner]

That doesn't make a lot of sense either. The credits are imminent. Congress will not be repealing for at least a few months (they can't even confirm the administration's new cabinet picks in a timely manner). If anything, there will be a flood of new orders once the $7,500 is demonstrated to work, waiting lists will form, and people will risk not being able to take delivery before the tax credit is repealed.

Agreed.

I really wish government wouldn't stick their head so deeply into EV sales, the things practically sell themselves if you make good ones and offer them at a good price. Instead we have this cluster-fuck where no one seems to know what's going on. Only governemnt can create such a mess. They should stick to building out DCFC networks at best. But they can't even do that competently. Most of the money will be wasted, with very little to show for it. Hopefully Elon and Vivek can fix the charging initiative (but it might be too late).

Yeah right - because allowing the market to make this work (Electrify America, et. al.) has worked just great. Government grants are less than a drop in the bucket compared to petroleum fuel subsidies. Only getting rid of all subsidies and grants would be even close to a level playing field - acknowledging at petroleum infrastructure has had a 100 year head start on EVs. Elon isn't even involved in Tesla anymore based on the hours he spends on shitter - so how is that going to work?

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[HaulingAss]

For 2023, Tesla reported that production in the expensive "Other Models" category exceeded deliveries, but only by 1,952 units. Cybertruck production was very limited in 2023, so the numbers are almost all Models S/X.

For 2024, the imbalance in the "Other Models" category rose sharply, to 8,972 units. So somehow, the imbalance grew, by several thousands of expensive vehicles. But nothing really changed about the S/X from 2023 to 2024; the big difference was the ramping of Cybertruck production.

Having followed the numbers for over a decade, I can tell you it's normal for the production and delivery numbers to not match up, even without the introduction of a new model. You can tell very little about which model(s) caused the imbalance you are speaking fo because there is a large variation anyway. My general impression is that Cybertruck sales had an "Osborne effect" (cannibalization) on sales of the other two premium models S&X that was greater than management anticipated leading to excessive inventory of those two models. There is no way to "normalize" it against 2023 production and delivery numbers.

I'm quite confident S&X inventory rose substantially year over year (2023-2024) but there is no way to tell how much of it was due to the Cybertruck. Therefore, your stated reasons are not a valid way to determine how much the Cybertruck contributed to the excess production (above delivery) for the 2024 period. It's trying to explain something after the fact with invalid methodology.

 

[HaulingAss]

Cybertruck had to fill the entire distribution chain. S/X already had. Need to look at preexisting inventory levels, not just change in inventory.

That a good point, and an additional factor that is unaccounted for.

 

[HaulingAss]

Yeah right - because allowing the market to make this work (Electrify America, et. al.) has worked just great.

It hasn't worked great at all. And that is my point. Because the government is paying the same people who failed to create reliable charge networks at a reasonable cost to do more of the same. Only this time using taxpayer money.

Tesla is also part of the free market, and they have created a world class DCFC network, without government incentives. The problem here is the government is incapable of incentivizing such that the most efficient infrastructure builders get the incentives. They are helping to keep alive companies that should wither up and die. That's what perverse about government offering incentives like this.

Tesla can build 5-8 times the number of DCFC stalls, for the same amount of money the other players spend. And the product will be more reliable and easier to maintain. The free market incentivizes excellence. Government handouts incentivize mediocrity.

 

[YDR37]

The credits are imminent.

No one outside of Tesla knows why the tax credit is available for the 2025 3/Y/X, but not for the 2025 Cybertruck. And Tesla isn't talking.

So no one outside of Tesla knows whether or not the tax credit is "imminent". It could appear tomorrow, or it could continue to be delayed indefinitely without explanation.

I'm quite confident S&X inventory rose substantially year over year (2023-2024) but there is no way to tell how much of it was due to the Cybertruck. Therefore, your stated reasons are not a valid way to determine how much the Cybertruck contributed to the excess production (above delivery) for the 2024 period. It's trying to explain something after the fact with invalid methodology.

Then we'll just have to look for other lines of evidence regarding the CT supply/demand balance. Perhaps the availability of 2024 Foundation and non-Foundation CTs in Tesla's inventory during 2025 will provide clues.

 

[Lasttoy]

I did my taxes last week. Got finished with most. Last was EV credit. It said I was not allowed to claim credit because my adjusted income on line 11 was more than 75k. I called turbo tax. YES. I called IRS. Yes. For reference. Mine is 85k.
IRS Form 8936 would have been used if allowed.
Good luck

 

[mongo]

I did my taxes last week. Got finished with most. Last was EV credit. It said I was not allowed to claim credit because my adjusted income on line 11 was more than 75k. I called turbo tax. YES. I called IRS. Yes. For reference. Mine is 85k.
IRS Form 8936 would have been used if allowed.
Good luck

The lowest MAGI threshold is $150k though ?
Not that Cybertrucks qualify anyway...

 

[DDNGUYEN73]

I was able to claim the IRA POS credit for the Cybertruck AWD through a lease buyout. The IRA legislation includes a business exception that bypasses typical restrictions like income caps, vehicle price limits, and battery sourcing, which applies to leasing. For my lease buyout, I made a 20% down payment since I'm buying out the lease immediately because the APR is over 13%. It was surprising how many Tesla Service Center staff, particularly those responding via the Tesla app, were not familiar with this aspect of the law. I had to firmly advocate for my position until I finally got confirmation from someone at the Fremont center and during the financing step in the Tesla app.

Hello,
I placed an order for a base model CyberTruck (dual motor), which is $79.9k. Since https://fueleconomy.gov/feg/tax2023.shtml indicates that for an individual purchasing a CT, they can get the $7.5k tax rebate (unclear if at PoS or at tax time, but honestly I don't care as long as I can get it).

My Tesla rep has been very responsive over the app - but they told me today that "they have no official information about it, the only way I can get the rebate is if it is purchased for a company or through a lease".

Has anyone purchased a CT in 2025, and got the rebate / received the necessary IRS forms that Tesla has to provide at PoS indicating that you can get the tax credit (if you meet income requirements)? So far my rep has indicated it is not possible ... and I am extremely sad. I tried to wait a couple of weeks prior to ordering after the announcement on January 3 that it now is applicable for an individual sale.

(btw, Tesla did give me a 2024 VIN originally, but said I should be able to get a 2025 VIN instead - FuelEconomy.org indicated it has to be a 2025 model and Tesla has to register with the IRS at PoS

Hello,
I placed an order for a base model CyberTruck (dual motor), which is $79.9k. Since https://fueleconomy.gov/feg/tax2023.shtml indicates that for an individual purchasing a CT, they can get the $7.5k tax rebate (unclear if at PoS or at tax time, but honestly I don't care as long as I can get it).

My Tesla rep has been very responsive over the app - but they told me today that "they have no official information about it, the only way I can get the rebate is if it is purchased for a company or through a lease".

Has anyone purchased a CT in 2025, and got the rebate / received the necessary IRS forms that Tesla has to provide at PoS indicating that you can get the tax credit (if you meet income requirements)? So far my rep has indicated it is not possible ... and I am extremely sad. I tried to wait a couple of weeks prior to ordering after the announcement on January 3 that it now is applicable for an individual sale.

(btw, Tesla did give me a 2024 VIN originally, but said I should be able to get a 2025 VIN instead - FuelEconomy.org indicated it has to be a 2025 model and Tesla has to register with the IRS at PoS for each Truck sold).

for each Truck sold).

 

[mongo]

I was able to claim the IRA POS credit for the Cybertruck AWD through a lease buyout. The IRA legislation includes a business exception that bypasses typical restrictions like income caps, vehicle price limits, and battery sourcing, which applies to leasing. For my lease buyout, I made a 20% down payment since I'm buying out the lease immediately because the APR is over 13%. It was surprising how many Tesla Service Center staff, particularly those responding via the Tesla app, were not familiar with this aspect of the law. I had to firmly advocate for my position until I finally got confirmation from someone at the Fremont center and during the financing step in the Tesla app.

That is not the POS 30D Clean Vehicle Credit, that is the 45W Qualified Commercial Vehicle Credit which Tesla passes along in the lease terms.

 

[pricedm]

I was able to claim the IRA POS credit for the Cybertruck AWD through a lease buyout....

For my lease buyout, I made a 20% down payment since I'm buying out the lease immediately because the APR is over 13%.

How long did you lease the Cybertruck before initiating a lease buyout? Any tips for us...? TIA

 

[Gritted Cybe]

That is not the POS 30D Clean Vehicle Credit, that is the 45W Qualified Commercial Vehicle Credit which Tesla passes along in the lease terms.

Maybe my math is off, but I was getting back a higher number with each monthly installment and buy out price specified in the terms when one changes the options for the lease. Overall it just seemed like a cluster. I'm waiting out for a compelling end of quarter incentive or the actual Tax credit. I was thinking March of this year is when I'll pull the trigger.

 

[mongo]

Maybe my math is off, but I was getting back a higher number with each monthly installment and buy out price specified in the terms when one changes the options for the lease. Overall it just seemed like a cluster. I'm waiting out for a compelling end of quarter incentive or the actual Tax credit. I was thinking March of this year is when I'll pull the trigger.

As far as I've read, the lease with end of term buyout costs more than a loan, but with early buyout the $7,500 commercial credit more than offsets the incurred lease fees and interest.

 

[Gritted Cybe]

As far as I've read, the lease with end of term buyout costs more than a loan, but with early buyout the $7,500 commercial credit more than offsets the incurred lease fees and interest.

Thats what I was referencing, end of term buy out. Wondering if people actually have gone through the process and what their experience was.

 

[DDNGUYEN73]

That is not the POS 30D Clean Vehicle Credit, that is the 45W Qualified Commercial Vehicle Credit which Tesla passes along in the lease terms.

I was referring to $7500 Point of Sale IRA EV tax credit for lease.

 

[DDNGUYEN73]

How long did you lease the Cybertruck before initiating a lease buyout? Any tips for us...? TIA

I immediately bought out the lease after I was assigned the contact information for leasing company so it didn’t matter which lease option I chose. I just confirmed there wasn’t any prepayment penalty.

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