TECH - Here Are The Latest Tesla EV Prices Now That Model 3 Long Range Qualifies For $7500 Tax Credit | Benzinga
EV giant Tesla Inc (NASDAQ:TSLA) on Monday said that the company’s Model 3 Long Range variant now qualifies for a federal tax credit of $7,500, making it merely $1,000 costlier than the cheapest variant of the vehicle for eligible customers.
What Happened: Both the Long Range variant of the Model 3 as well as its Performance version are now eligible for a federal EV tax credit of $7,500. The cheapest rear-wheel drive Model 3, however, is ineligible for any tax credit and starts at $38,990.
Model 3 Variants Starting Price Before Tax Credit Starting Price After Tax Credit
Rear-Wheel Drive $38,990 $38,990
Long Range All-Wheel Drive $47,490 $39,990
Performance All-Wheel Drive $54,990 $47,490
Until recently, neither of the lower-priced versions of the Model ...