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

[BlueLightning]

If a locking differential is an option on the RWD version it will sell quite well.

A rear axle with a locking differential will get a vehicle through most situations.

Funny…

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[WormtownKris]

I'm sure there are use cases for a very local operation, but the consensus seems to be that it's not unusual for contractors to operate within a 100mi radius of the base. Bare RWD truck may be able to do that with little issue, but not while towing equipment which is the second significant use case.

To sum it up, for CT to appealing in the construction market it needs to tow ~13k (9k machine + attachments + trailer) for at least 100mi.

I think your market case is probably accurate for certain parts of the country, and particularly for commercial construction. But I would argue that in many residential construction markets the requisite towing range is much smaller.
I sell building materials to residential contractors for a living. In my area, it is quite rare for a contractor to do a job more than 40 miles away. And they almost always bring their job trailer and leave it at the job until the project is finished, rather than pulling it home every night. Granted, some jobs only run a few days. And every once in a while, a guy from western MA will do a project for his buddy on the Cape. But even then, they are not commuting every day, and the job trailer or Kubota haul is one way/ day.
In my experience, many people with range anxiety might feel they need to be able to tow 150 miles or whatever on a full battery pack, but for residential contractors, handymen, etc, either RWD towing range, (your expected one or @Crissa's), would be sufficient in many cases.
Happy New Year

 

[DocB]

So, if I order an AWD today will it be a 2025 or a left over 2024 and hence ineligible?

 

[Crissa]

So, if I order an AWD today will it be a 2025 or a left over 2024 and hence ineligible?

It'll say on the website when they guarantee eligibility, most likely.

-Crissa

 

[Aces-Truck]

So, if I order an AWD today will it be a 2025 or a left over 2024 and hence ineligible?

I am quite sure any available right now are 2024 models. Tesla will switch out for better components at any time in production. But they will use up there old stock before switching. But due to the $7500 credit situation with Cathodes being made in us, they will likely start the 2025 VIN's once they have used up the china cathodes.

 

[b_b]

Helpful info to keep in mind (posted by Sawyer Merritt)

The Cybertruck will not qualify for the $7,500 EV tax credit if its MSRP exceeds the $80,000 limit. However, there’s an important distinction: the IRS excludes certain features from the MSRP calculation. Upgrades considered "accessories"—such as seats color, wheels, paint colors, steering wheel upgrade, etc—are included in the MSRP limit and will disqualify the vehicle if they push the total above $80,000. FSD is not considered an accessory by the IRS. This means you can add FSD to your Cybertruck without it disqualifying you for the EV credit.

So that means if you buy the AWD ($79,990) and also get the AT wheels/tires (+$3500) or the White Décor (+$2000), no tax credit for you.

Seems silly... as you can just purchase the AT wheels/tires later on.

 

[koolio]

There's nothing unethical or deceptive about this. What is deceptive about selling your trucks you have before selling the other trucks? You knew when you bought they had not completed the paperwork and that the trucks they were selling were not qualified because of that.

-Crissa

100% agree. There’s nothing deceptive.

Every company or retail store that sells a good to consumers does this. A consumer buys a product for x dollars on one day and at a future date the price can be reduced by the seller.

 

[Black306]

I'm not sure why I'm so pleased to see this since I paid the $99,990 + tax & fees for the FS AWD, but I know I will be happy to see a lot more Cybertrucks on the road. I also wouldn't have been able to justify not waiting yet another year and getting the much more sensible RWD. I know I would not have enjoyed that nearly as much over its lifetime, and waiting another year just may have killed me. No regrets! ?

Agreed. Totally worth seeing the smiles and excitement in people’s eyes when they see the truck. Especially at car meets and shopping center parking lots where people were able to check out the truck up close. Not going to get that kind of reaction once $50k CTs are everywhere.

 

[mongo]

I am quite sure any available right now are 2024 models. Tesla will switch out for better components at any time in production. But they will use up there old stock before switching. But due to the $7500 credit situation with Cathodes being made in us, they will likely start the 2025 VIN's once they have used up the china cathodes.

If 10th digit of VIN is S, it's a 2025. There is at least one person with a 2025 assigned.

Cyberbeast can use non-qualifued cells since it's over the MSRP limit. Optimus, Semi, service packs, and range extended could theoretically also.

 

[Crissa]

If 10th digit of VIN is S, it's a 2025. There is at least one person with a 2025 assigned.

Cyberbeast can use non-qualifued cells since it's over the MSRP limit. Optimus, Semi, service packs, and range extended could theoretically also.

That's not a bad solution to surplus cells, but it doesn't deliver existing trucks.

Still, that just moves up the date they'll start selling them with the rebate.

-Crissa

 

[Lincabe]

The tax credit can be applied to the lease as well, but the manufacturer keeps it.

-Crissa

For clarity, even when your income exceeds the federal tax rebate ceiling (and hence you would not be able to take advantage of the $7,500 rebate for a vehicle purchase) you will get the benefit of the $7,500 rebate if you take the vehicle under a lease (as long as the truck MSRP is below $80k, which would exclude the Cyberbeast). You can see the flow down in Tesla’s lease pricing breakdown - you just get it as a credit.

 

[CyberTrk]

No, $80k is the limit for the class of vehicle (trucks); it doesn’t mean the single motor CT will be $80k. It’s a truck with an MSRP up-to $80k.

The current CT AWD is just below $80k, but would the $2k Range Extender reservation make it not eligible for the tax credit?

 

[Crissa]

The current CT AWD is just below $80k, but would the $2k Range Extender reservation make it not eligible for the tax credit?

Hmm. Good point!

Since you're not paying for the actual item in the delivered truck it shouldn't. We'll find out.

-Crissa

 

[mongo]

For clarity, even when your income exceeds the federal tax rebate ceiling (and hence you would not be able to take advantage of the $7,500 rebate for a vehicle purchase) you will get the benefit of the $7,500 rebate if you take the vehicle under a lease (as long as the truck MSRP is below $80k, which would exclude the Cyberbeast). You can see the flow down in Tesla’s lease pricing breakdown - you just get it as a credit.

Leases are under 45W Qualified Commercial Clean Vehicle Credit and there is no MSRP limit.

 

[mongo]

The current CT AWD is just below $80k, but would the $2k Range Extender reservation make it not eligible for the tax credit?

The range extender is a reservation, not a physically attached option included from the factory, so it shouldn't impact the MSRP eligibility.

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