Tesla Model 3 Highland may not qualify for full tax credit in 2024

Just six months after gaining eligibility for the full federal tax credit amount of US$7,500, the Model 3 sedan may see it reduced in half again, warns Tesla. After the Treasury Department issued its battery material guidelines in March, the Model 3 tax credit was cut to $3,750, and the same may happen in 2024.

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Tesla Motors Community on X: Big news for Tesla Model 3 Highland enthusiasts! Leasing the vehicle now comes with an unexpected perk – $7,500 incentive, thanks to a loophole in the Inflation

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