US confirms all Tesla Model 3 vehicles qualify for $7,500 tax credit
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1970-01-01 08:00
WASHINGTON The Biden administration confirmed Tuesday that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle

WASHINGTON The Biden administration confirmed Tuesday that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two versions saw credits fall in half.

In April, new battery sourcing rules went into effect that lowered the credit of the Model 3 Standard Range Rear Wheel Drive and Long Range All-Wheel Drive to $3,750. Tesla said last week on its website that all versions of the Model 3 again qualify for the full credit. The government confirmed the change on its fueleconomy.gov website.

(Reporting by David Shepardson)

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