Tesla reverses Model Y price cut after demand surge, Biden's expansion of electric vehicle tax credits

Tesla reverses Model Y price cut after demand surge, Biden's expansion of electric vehicle tax credits

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Tesla has reversed course on its price cuts for the Model Y after a surge in demand and after the Biden administration's decision to loosen regulations on electric vehicle tax credits. More electric vehicles will qualify for a $7,500 tax credit under changes revealed by the federal government…

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