Tesla Takes To Twitter To Brag About Model 3's Price Tag After Tax Breaks
Portfolio Pulse from Benzinga EV Insights
Tesla recently highlighted the impact of federal tax credits on the starting price of its Model 3, bringing it down to $32,740. The announcement emphasizes the benefits buyers can take advantage of, including fuel and maintenance savings, as well as potential state and local incentives.
June 08, 2023 | 3:26 pm
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Tesla's Model 3 starting price is reduced to $32,740 due to federal tax credits, making it more accessible to a larger market demographic and potentially boosting sales.
The federal tax credits make Tesla's Model 3 more affordable, which could attract a larger market demographic. This increased accessibility may lead to higher sales, positively impacting Tesla's stock price in the short term.
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