Tesla Model 3 Long Range Now Qualifies For Full $7,500 Tax Credit
Portfolio Pulse from Benzinga EV Insights
Tesla Inc (NASDAQ:TSLA) announced that the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the U.S., making it more financially attractive to buyers. This change corrects a previous pricing imbalance and enhances the competitiveness of the Model 3 LR in the electric vehicle market.
June 17, 2024 | 9:55 pm
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Tesla's Model 3 Long Range now qualifies for the full $7,500 federal tax credit, making it more financially attractive and competitive in the EV market. This could boost sales and positively impact Tesla's stock price.
The qualification for the full $7,500 federal tax credit makes the Model 3 LR more accessible and financially attractive to a broader range of buyers. This is likely to boost sales and enhance Tesla's competitiveness in the electric vehicle market, positively impacting the stock price.
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