tiprankstipranks
Tesla sees losing $7,500 federal tax credit on Model 3 SR, Electrek reports
The Fly

Tesla sees losing $7,500 federal tax credit on Model 3 SR, Electrek reports

Tesla expects to lose the entire $7,500 federal tax credit on the Model 3 standard range, its cheapest electric car, because the batteries come from China, Electrek’s Fred Lambert reports. The new tax credit program includes requirements for battery production in North America and battery material sourcing in countries with free trade agreements with the U.S. in order to get access to up to half of $7,500 credit, Lambert notes. Reference Link

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on TSLA:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles