So Tesla owners got $1.5 billion in federal tax credits before hitting the 200,000 unit limit ($7,500 x 200,000). But the new Let's Increase Inflation Act got rid of the limit so Tesla is back in the game in 2023. The bullsh*t is someone like Reich that fully supports the green climate fraud and including all the hundreds of billions in federal tax credits that have been paid and will continue to be paid can be such a political hack that he would criticize Tesla for using tax credits he supports. That's dazzler like hypocrisy.
PS I used some numbers and sh*t in this post making in unintelligible to mello and our hypothetical MBA.
Electric Vehicle Tax Credits: What You Need to Know Understanding EV tax credits after the Inflation Reduction Act of 2022 Ronald Montoya
September 8th, 2022
If you're shopping for an electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV), it's important to note that the Inflation Reduction Act of August 2022 brought major changes to federal EV tax credits. Some of the new rules already apply, while many will take effect on January 1, 2023. Highlights include:
Effective immediately, qualifying vehicles must be assembled in North America. Starting in 2023, increasing percentages of battery minerals and components must be sourced from the U.S. or from one of its free-trade partners. There are significant new eligibility limits on both the price of the vehicle and the income of the buyer; if either figure is too high, no credit for you. Used EVs sold by dealers will be eligible for a one-time tax credit. The manufacturer vehicle sales cap will go away, meaning brands such as Chevrolet, Tesla and Toyota that reached the previous 200,000-unit limit can once again offer these incentives starting in 2023. Starting in 2024, a new mechanism will allow buyers to take the EV tax credit directly from the dealer at the point of sale rather than having to wait for the next tax season.
So Tesla owners got $1.5 billion in federal tax credits before hitting the 200,000 unit limit ($7,500 x 200,000). But the new Let's Increase Inflation Act got rid of the limit so Tesla is back in the game in 2023. The bullsh*t is someone like Reich that fully supports the green climate fraud and including all the hundreds of billions in federal tax credits that have been paid and will continue to be paid can be such a political hack that he would criticize Tesla for using tax credits he supports. That's dazzler like hypocrisy.
PS I used some numbers and sh*t in this post making in unintelligible to mello and our hypothetical MBA.
Electric Vehicle Tax Credits: What You Need to Know Understanding EV tax credits after the Inflation Reduction Act of 2022 Ronald Montoya
September 8th, 2022
If you're shopping for an electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV), it's important to note that the Inflation Reduction Act of August 2022 brought major changes to federal EV tax credits. Some of the new rules already apply, while many will take effect on January 1, 2023. Highlights include:
Effective immediately, qualifying vehicles must be assembled in North America. Starting in 2023, increasing percentages of battery minerals and components must be sourced from the U.S. or from one of its free-trade partners. There are significant new eligibility limits on both the price of the vehicle and the income of the buyer; if either figure is too high, no credit for you. Used EVs sold by dealers will be eligible for a one-time tax credit. The manufacturer vehicle sales cap will go away, meaning brands such as Chevrolet, Tesla and Toyota that reached the previous 200,000-unit limit can once again offer these incentives starting in 2023. Starting in 2024, a new mechanism will allow buyers to take the EV tax credit directly from the dealer at the point of sale rather than having to wait for the next tax season.
So the Gov't wants people to buy EV's so they're giving Telsa the incentive back. Sounds like Robert should be mad at the Gov't and not Musk. What a hypocritical hack.
So Tesla owners got $1.5 billion in federal tax credits before hitting the 200,000 unit limit ($7,500 x 200,000). But the new Let's Increase Inflation Act got rid of the limit so Tesla is back in the game in 2023. The bullsh*t is someone like Reich that fully supports the green climate fraud and including all the hundreds of billions in federal tax credits that have been paid and will continue to be paid can be such a political hack that he would criticize Tesla for using tax credits he supports. That's dazzler like hypocrisy.
PS I used some numbers and sh*t in this post making in unintelligible to mello and our hypothetical MBA.
Electric Vehicle Tax Credits: What You Need to Know Understanding EV tax credits after the Inflation Reduction Act of 2022 Ronald Montoya
September 8th, 2022
If you're shopping for an electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV), it's important to note that the Inflation Reduction Act of August 2022 brought major changes to federal EV tax credits. Some of the new rules already apply, while many will take effect on January 1, 2023. Highlights include:
Effective immediately, qualifying vehicles must be assembled in North America. Starting in 2023, increasing percentages of battery minerals and components must be sourced from the U.S. or from one of its free-trade partners. There are significant new eligibility limits on both the price of the vehicle and the income of the buyer; if either figure is too high, no credit for you. Used EVs sold by dealers will be eligible for a one-time tax credit. The manufacturer vehicle sales cap will go away, meaning brands such as Chevrolet, Tesla and Toyota that reached the previous 200,000-unit limit can once again offer these incentives starting in 2023. Starting in 2024, a new mechanism will allow buyers to take the EV tax credit directly from the dealer at the point of sale rather than having to wait for the next tax season.
So the Gov't wants people to buy EV's so they're giving Telsa the incentive back. Sounds like Robert should be mad at the Gov't and not Musk. What a hypocritical hack.
Comments
Reminder that us rubes always opposed funding green energy bullshit
The initial $465M gov’t loan received by Tesla was paid back 6 years early. Tesla has not received BILLIONS from the feds.
I laugh when Reich talks about capitalism as if it only works for the rich. But then that’s what socialists do.
GM and Tesla no longer quality for the $7500 tax credit program for their customers because they’ve reach their limit on sales.
PS I used some numbers and sh*t in this post making in unintelligible to mello and our hypothetical MBA.
https://www.edmunds.com/fuel-economy/the-ins-and-outs-of-electric-vehicle-tax-credits.html
Electric Vehicle Tax Credits: What You Need to Know
Understanding EV tax credits after the Inflation Reduction Act of 2022
Ronald Montoya
September 8th, 2022
If you're shopping for an electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV), it's important to note that the Inflation Reduction Act of August 2022 brought major changes to federal EV tax credits. Some of the new rules already apply, while many will take effect on January 1, 2023. Highlights include:
Effective immediately, qualifying vehicles must be assembled in North America.
Starting in 2023, increasing percentages of battery minerals and components must be sourced from the U.S. or from one of its free-trade partners.
There are significant new eligibility limits on both the price of the vehicle and the income of the buyer; if either figure is too high, no credit for you.
Used EVs sold by dealers will be eligible for a one-time tax credit.
The manufacturer vehicle sales cap will go away, meaning brands such as Chevrolet, Tesla and Toyota that reached the previous 200,000-unit limit can once again offer these incentives starting in 2023.
Starting in 2024, a new mechanism will allow buyers to take the EV tax credit directly from the dealer at the point of sale rather than having to wait for the next tax season.