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Tesla Model 3 Highland may not qualify for full tax credit in 2024 as battery material requirements rise - News

Tesla Model 3 Highland may not qualify for full tax credit in 2024 as  battery material requirements rise -  News

Just six months after gaining eligibility for the full federal tax credit amount of US$7,500, the Model 3 sedan may see it reduced in half again, warns Tesla. After the Treasury Department issued its battery material guidelines in March, the Model 3 tax credit was cut to $3,750, and the same may happen in 2024.

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