In an updated guidance, Tesla is now eligible for $4,000 used EV tax credit

A significant feature of the Inflation Reduction Act is the tax credit for used electric vehicles. The credit, which has a maximum value of $4,000, is available for used EVs, PHEVs, and FCEVs sold for less than $25,000 on the market. However, there was an issue-  The Internal Revenue Service’s (IRS) list of acceptable vehicles … Continue reading In an updated guidance, Tesla is now eligible for $4,000 used EV tax credit