Tesla has updated its Model 3's ordering website, indicating a potential reduction in the federal tax credit for the Model 3 after December 31, 2023. Currently, all versions of the Model 3 and Model Y qualify for the $7,500 federal tax credit under the Inflation Reduction Act of 2022. The reduction could be related to battery-related requirements, which will change in 2024. Some speculate that this could be linked to the introduction of a new battery type for the revamped Model 3.