Eight Tesla Models Qualify for the $7,500 U.S. Tax Credit

The Inflation Reduction Act (IRA) will enter into effect on January 1, 2023, offering a $7,500 tax credit to buyers of electric vehicles under certain conditions. Days before the deadline, the Internal Revenue Service (IRS) published the list of EVs that qualify for the IRA tax credit. Nevertheless, the list raised more controversies than it solved. Biden Administration vowed to make the United States the main production hub for electric ... (continue reading...)