Tesla Doubles Discounts on Model 3, Model Y Vehicles
23 December 2022 - 12:09AM
Dow Jones News
By Will Feuer
Tesla Inc. has doubled the discounts offered on its Model 3 and
Model Y electric vehicles delivered in the U.S. this month,
according to its website.
"Take delivery of a new Model 3 or Model Y between December 21
and 31, 2022 for a $7,500 credit and 10,000 miles of free
Supercharging," reads a note on the EV maker's website. The
charging credits also apply to the Model S and Model X vehicles,
according to the company's website, but not the $7,500
discount.
The $7,500 credit for Model 3 and Model Y vehicles is up from
the $3,750 credit that Tesla was offering earlier this month.
The Tesla credits come after President Joe Biden in August
signed the Inflation Reduction Act, which includes EV tax
incentives meant to accelerate the transition to cleaner
vehicles.
Earlier this week, however, the U.S. Treasury Department delayed
plans to release detailed rules around the battery-sourcing
requirements that electric vehicles must meet to qualify for up to
$7,500 tax credit.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
December 22, 2022 07:54 ET (12:54 GMT)
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