To amplify it look at what Tesla has just done by massively cutting pricing on model S plaid and model X up to $30,000 infuriating people who just paid that right before the discount with no warning.
https://www.irs.gov/credits-deductions/clean-vehicle-credit-seller-or-dealer-requirements
Thank you. ?
That's not how the legislation was designed. The discount is up front and weeks later the seller gets the check.
Oh, well that’s good then. I haven’t read the legislation.Thank you for the clarification.
Us USA citizens have been told one thing and another has happened in the past, for sure. I was disappointed from the beginning that they didn’t just put it at the dealership level immediately and frankly, in my opinion, the price requirements for certain types of vehicles that “qualify” make zero sense. The Model X, for example, now qualifies for the credit because it’s below a ridiculous $80,000 threshold, while it companion, the S, does not, despite it being a more practical vehicle for many, because its priced “too high.”
Tesla have been pulling levers left, right and centre since January this year, at least! Writing was on the wall. When l finally get an Australian delivery, l'll just have to cough up the dough BOY!
I think if they charge $70K+ for the CT it’s definitely going to have Steam and a second screen in the rear (screen already confirmed). Also ambient lighting like the Model 3 refresh. I think the range will be 350ish on the launch model, but charging speed will be top of the line at 250kW+.
Tesla doesn’t currently have a 500+ mile vehicle. The 4680 battery’s energy density didn’t increase as rapidly as expected. It’s getting there, but slowly. I think something in the 400s would be possible, but depending on demand they may want to just churn out as many CTs as possible. Charging speed is an equally important factor, as is how much range is lost when hauling and towing.
The federal EV tax credit will turn into a point-of-sale rebate for new ($7,500 off) and used ($4,000 off) EVs starting in 2024. It was written into the IRA.
You’ll definitely have to qualify based on income and the vehicle caps are still going to be in place. That’s why there’s the leasing loophole. And knowing the government (I’m dealing with them currently with student loans.) it’ll take them 1-3 months to process the paperwork necessary for the point-of-sale rebate, but that’ll be on the dealers end.
So why the income caps to qualify for the tax credit? Did rich people put that in place, because they felt guilty from all the money they’re stealing from the poor?
It depends on the intent of the credit. There are a ton of trucks on the road. And if you want to get ICE trucks off the road and reduce the amount of gas we use, then raising the limit for trucks makes sense. Same holds true for SUVs, the modern station wagon. Those things are freakin everywhere. Every house has one, maybe two in the US. So if you want to ge them off the road, you raise the price limit for the credit and make the conversion to BEV more desirable for people.Us USA citizens have been told one thing and another has happened in the past, for sure. I was disappointed from the beginning that they didn’t just put it at the dealership level immediately and frankly, in my opinion, the price requirements for certain types of vehicles that “qualify” make zero sense. The Model X, for example, now qualifies for the credit because it’s below a ridiculous $80,000 threshold, while it companion, the S, does not, despite it being a more practical vehicle for many, because its priced “too high.”
Pickup trucks, being the most popular type of vehicle in North America, are deeply overpriced, which is why the cap almost has to be so high, but allowing “Sport Utility Vehicles” to be eligible up to an $80k price level seems a bit ridiculous to me. ?‍
