It’s October 1, so the Electric Vehicle Tax Credit Is Dead Now

Elon Musk’s Tesla hikes lease prices on all electric cars as US tax credit expires

Tesla has raised lease prices for all its vehicles in the US after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company's website on Wednesday.

It’s October 1, so the electric vehicle tax credit is dead now

Tesla is raising lease prices; Ford and GM may have found a loophole.

Tesla makes first move to counter loss of $7500 EV tax credit

Tesla has made its first move to counter the loss of the $7,500 electric vehicle tax credit by offering a $6,500 lease credit, which it is offering internally. Essentially, Tesla is reducing the price of a vehicle for those who choose to lease the vehicle by $6,500, which is a bit of a double-edged sword. However, it appears the company had this strategy ready to fire with the expiration of the EV tax credit, which occurred last night. Tesla mak…

GM and Ford Extended Their EV Tax Credits With a Sneaky Trick: TDS

The federal EV credit may have just expired, but those shopping for a Ford or GM electric car can still get in on the savings, while supplies last.

PA electric vehicle industry's federal tax credits expire today

With federal electric vehicle tax credits ending today, analysts are watching how the change might affect the growth of the Pennsylvania EV industry.Pennsylvania had more than 70,000 registered EVs as of September 2024.Ingrid Malmgren, senior policy director for the advocacy…

U.S. tax credit for electric cars has stopped

As of today, the tax credit for purchasing electric cars, both new and used, has expired in the US. Some manufacturers are reportedly trying to extend the availability of subsidies through their dealers for a little longer. As U.S. President Trump decided in the summer, the tax credits of $7,500 for the purchase of new electric vehicles and $4,000 for the purchase of used electric cars will end on September 30. According to information from the …