Watching Tesla; Traders Circulate Post On X Suggesting "The new Tesla Model 3 Long Range now officially qualifies for the full $7,500 Federal EV credit in the US, according to Tesla. This means that the Model 3 Long Range now starts at just $39,990 including the EV credit!"
Portfolio Pulse from Benzinga Newsdesk
Tesla's new Model 3 Long Range now qualifies for the full $7,500 Federal EV credit in the US, reducing its starting price to $39,990.
June 17, 2024 | 5:23 pm
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POSITIVE IMPACT
Tesla's Model 3 Long Range now qualifies for the full $7,500 Federal EV credit, reducing its starting price to $39,990. This could boost sales and positively impact TSLA stock.
The qualification for the full $7,500 Federal EV credit makes the Model 3 Long Range more affordable, likely increasing demand and sales. This positive development is expected to have a favorable impact on Tesla's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100