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expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM
expiredMurraytheDemonSkull posted Jan 13, 2023 04:18 AM

2023 Tesla Model Y + $7,500 Federal Tax Credit

(For Qualifying Buyers)

$52,990

$52,990

12,285 Comments 2,616,240 Views
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Deal Details
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Tesla has dropped the base price of the Tesla Model Y from $65,990 down to $52,990. This price reduction means the Model Y now qualifies for the $7,500 Federal Tax Credit (details here).

Thanks to Community Member MurraytheDemonSkull for finding this deal.

Additionally, the base prices of all Tesla vehicles have been reduced. The base Model 3 is now $43,990, which is $3,000 lower than before. The Model 3 Performance is now $53,990, which is $9,000 lower than before, and now qualifies for the tax credit.

Editor's Notes

Written by RazorConcepts
  • This is $13,000 lower (19% savings) than the previous base price.
  • Factoring in the tax credit, the price of the Model Y today is $20,000 less than one purchased in December 2022.
  • To qualify for the federal tax credit, one must not exceed the following adjusted gross income limits:
    • $300,000 for married couples filing jointly
    • $225,000 for heads of households
    • $150,000 for all other filers
  • The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due.
  • Refer to the forum thread for additional deal discussion.

Original Post

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Top Comments

TofuVic
19698 Posts
27789 Reputation
If anyone is interested in hard numbers to figure out how much less expensive it is now compared to Tesla's best deal of 2022 - $7,500 discount with 10,000 free Supercharger miles - I bought a Tesla Model Y Long Range 7-Seater with white interior in late December 2022.

Excluding taxes and fees, I paid $63,940. It's now $59,630, which is $4,310 less, and it is eligible for the $7,500 tax credit. That means if I didn't buy it in December and bought it today, I would have saved $11,810 + sales tax, so a bit over $12,000 in savings I missed. (I got 10,000 Supercharger miles, which is worth somewhere between $500 and $1,000.) With taxes and fees, I paid $71,578.55 in total.

For those who do order, I recommend this Tesla Prep guide [glideapp.io] to check for build quality issues on delivery day.

I hope this helps,
Tofu Vic
oceanone
1290 Posts
286 Reputation
Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission.

The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and capabilities of its standard advanced driver assistance system known as Autopilot and the $15,000 optional upgraded product branded as "Full Self-Driving." Tesla FSD beta software offers some automated driving features but is not a self-driving system.

The luxury EV-maker has long claimed it could reach full autonomy through a "vision only" approach that shuns other sensors like lidar and radar in favor of cameras and a deep neural network that quickly processes a vehicle's surroundings and responds in real time. Tesla CEO Elon Musk previously promised to "solve" full self-driving by the end of this year (he's also promised Tesla would get there every year for roughly nine years now). He has recently admitted the problem will take longer to solve.

And perhaps, as every other autonomous vehicle technologist says, it's not actually achievable yet through cameras alone.

The company began removing radar from its vehicles last May. In October, Tesla removed its 12 ultrasonic sensors from Model 3 and Model Y vehicles built for North America, Europe, the Middle East and Taiwan. Ultrasonic sensors measure distance via ultrasonic waves and are used as proximity sensors to support anti-collision safety systems, particularly in parking use cases.

Now it appears radar is back. It's not yet clear which models will get the new radar. The type of radar Tesla intends to market next year is of a frequency that's allocated by the FCC for ADAS use cases, according to Ram Machness, chief business officer at Arbe Robotics, which produces ultra-high-resolution 4D imaging radar.

Tesla had originally filed with the FCC to use the new radar — which is described in filings as "76-77 GHz Automotive Radar" — in its vehicles back in June.

"From the frequency of operation (76-77GHz) as well as the mechanical design of the sensor from Tesla's FCC filing, it appears that this radar would be utilized in ADAS applications," Steven Hong, VP and general manager of radar technology at semiconductor company Ambarella, told TechCrunch.

He noted that while the performance of this "edge" radar sensor will be limited, it's a positive development that Tesla is looking to add radar to its perception stack for safety-critical, robust performance.

Earlier this year, the FCC had granted a confidential treatment to Tesla in order to keep the details of the new radar under wraps. Late last month, Tesla applied to extend that confidentiality treatment another 60 days from its date of expiration, which is December 7.

i hope this answers your question
AkumaX
13111 Posts
2952 Reputation
edit: ACTUAL LINK TO DEAL https://www.tesla.com/modely/design (SD's link goes to existing inventory page)
Wayback Machine if anyone wants to do some research: https://web.archive.org/web/20220...ely/design

I'll throw out some notable 'milestones' , focusing only on the Model Y LR base model:

* Feb 2021 - $49,000 - Roughly the lowest price for the Y LR (not including the SR @ $42k)
From this point forward, Tesla started increasing the price about $1-2 every month or so, until it peaked out at $66,000. Ex:
* May 2021 - $51,000
* July 2021 - $53,000, etc...
* Feb 2022 - $59,000, etc...
* July 2022 - $66,000 <-- peak
* Dec 1 2022 - $66,000 (-$3750 credit/refund)
* Dec 15 2022 - $66,000 (-$7500 credit/refund)
* Jan 1 2023 - $66,000 back to peak (-$7500 fed tax credit only on 7-seater)
* Jan 13 2023 - $53,000 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Jan 23 2023 - $53,500 (-$7500 fed tax credit on base model + 7-seater but not performance)
* Feb 4 2023 - $55,000 (-$7500 fed tax credit on all models)

12,284 Comments

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Jan 14, 2023 04:35 AM
48 Posts
Joined May 2018
EagerCheetah269Jan 14, 2023 04:35 AM
48 Posts
Quote from whocares1 :
Won't gas will be more cheaper with more Ev adoption. More Ev will make less demand for gas
Also electricity will get more expensive. Ask Ca tesla owners
2
Jan 14, 2023 04:36 AM
509 Posts
Joined May 2018
vndragonslayerJan 14, 2023 04:36 AM
509 Posts
Quote from HilariousSummer791 :
MODEL Y will be 35k in few months
Tesla is a tanking ship
gas ice used is already sunken in the deep pit of abyss. nice try tho.. sorry you're priced out of elon's sale.
1
Pro
Jan 14, 2023 04:41 AM
13,111 Posts
Joined Feb 2008
AkumaX
Pro
Jan 14, 2023 04:41 AM
13,111 Posts
Quote from HilariousSummer791 :
MODEL Y will be 35k in few months
Tesla is a tanking ship
Reminds me of the whole "1 super tanker = 20 million cars" emissions claim lol
Jan 14, 2023 04:43 AM
1,638 Posts
Joined Nov 2005
stevelionJan 14, 2023 04:43 AM
1,638 Posts
Quote from whocares1 :
Won't gas will be more cheaper with more Ev adoption. More Ev will make less demand for gas
Maybe. But governments can continue to tax gas to incent EV adoption for a long time! Plus, at some point I'd think governments will need to replace fuel tax losses that pay for roads with something. Maybe that falls to gas or perhaps EV owners will have to start paying for roads at some point.
Jan 14, 2023 04:43 AM
55 Posts
Joined Nov 2016
pmkpmJan 14, 2023 04:43 AM
55 Posts
Quote from bbdoc :
Already doing that...and other pretax contributions but would be still difficult. Will just wait until the drop the price more rather than relying on the credit
Is married filing separately is an option to get eligible for EV credit?
Jan 14, 2023 04:44 AM
54 Posts
Joined Dec 2019
bbdocJan 14, 2023 04:44 AM
54 Posts
Quote from ChiliPepper101 :
Should be offered to everyone like the previous credit. Wonder if the cost will go up or down in March. With Elan it's anyone's guess!
The IRS website which Tesla quotes specifically says that's no tax credit if AGI > 300K
Jan 14, 2023 04:45 AM
1,151 Posts
Joined Jul 2013
buy_now_think_laterJan 14, 2023 04:45 AM
1,151 Posts
Quote from mojo-jojo26 :
I (NJ residence) already got $2000 deducted from final cost with under 55k model Y.
Charge website is just need an update to shows up model Y.
How did u get 2k since site not showing it?

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Jan 14, 2023 04:46 AM
54 Posts
Joined Dec 2019
bbdocJan 14, 2023 04:46 AM
54 Posts
Quote from pmkpm :
Is married filing separately is an option to get eligible for EV credit?
I think the phase out is at >150k in those cases per IRS
Jan 14, 2023 04:50 AM
7 Posts
Joined Jul 2018

This comment has been rated as unhelpful by Slickdeals users.

Jan 14, 2023 04:51 AM
247 Posts
Joined May 2012
BelaSJan 14, 2023 04:51 AM
247 Posts
Well, I never thought slick deals would be the place I first get tipped off on buying a CAR. But here I am.

Admittedly I dragged my feet all day, even when there was local stock I could've reserved. Once I saw NPR reporting in it I figured if this was something I was going to do, I should do it before everyone catches wind and orders get pushed out a year or something else silly.

State of MA upped their refund to $3500 so long as the vehicle is under $55000 too, so that's a pretty nice overall discount. Now we wait to be assigned a VIN.
Jan 14, 2023 04:53 AM
38 Posts
Joined Jan 2023
SharpArm7549Jan 14, 2023 04:53 AM
38 Posts
I'm having a hard time wrapping my head around the repeated claims in this thread that Tesla's sales are dropping, there is no demand, nobody wants to buy them, etc.

Are these people being paid to post this B.S.? Y'all know that their year-over-year sales growth for Q4 2022 vs Q4 2021 was ~30%, right? On top of prices being ~25% higher in Q4 2022 than they were in Q4 2021?

Pretending the fact their production is finally getting closer to catching up with demand is somehow a bad thing is unbelievably stupid and disingenuous.
Jan 14, 2023 04:56 AM
247 Posts
Joined May 2012
BelaSJan 14, 2023 04:56 AM
247 Posts
Quote from BarryS7230 :
What a worthless rebate. Single caps out at $150k. Nobody buying a 60k car is making under $150k unless they're awful with money
$55k is simply the top end of the threshold. The much more modest Bolt EV is served by the same rebate.

Additional state refunds make the $54k MY LR effectively a $43k vehicle here in MA. That's 10% less than US average. You can do an M3 RWD for $33k.
Jan 14, 2023 04:57 AM
4,330 Posts
Joined Apr 2012
twoweeledJan 14, 2023 04:57 AM
4,330 Posts
Quote from norcal007 :
Darn, forgot about that truck. What happened? It got crazy amounts of press and people were whining that they regret not getting on the list. To me, the truck had/has much more utility than the car.
Yeah, a truck is more useful than a car. But it's more expensive for a close to stripped model. The range is 230 miles I think. Going for the extended range is another $10K and a higher level of trim. Extended range 300 mile battery is probably over $80 minimum.
I'm on the list and will probably be up early this year. I'm thinking about this Tesla instead.
Jan 14, 2023 04:59 AM
126 Posts
Joined Nov 2014
CaveJohnsonJan 14, 2023 04:59 AM
126 Posts
Quote from SharpArm7549 :
I'm having a hard time wrapping my head around the repeated claims in this thread that Tesla's sales are dropping, there is no demand, nobody wants to buy them, etc.

Are these people being paid to post this B.S.? Y'all know that their year-over-year sales growth for Q4 2022 vs Q4 2021 was ~30%, right? On top of prices being ~25% higher in Q4 2022 than they were in Q4 2021?

Pretending the fact their production is finally getting closer to catching up with demand is somehow a bad thing is unbelievably stupid and disingenuous.
Growth is lower than expected. That's the bottom line. That and the fact the rest of the electric car industry has caught up with Tesla. The stock has plummeted. It's down over 20% in the last month, nearly 50% in the last 6 months, and 65% in the last year. Stock was at $384 a share last April, it's now at $122 a share.

https://www.nytimes.com/2023/01/0...sales.html

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Jan 14, 2023 04:59 AM
63 Posts
Joined Apr 2014
plugersJan 14, 2023 04:59 AM
63 Posts
Quote from SharpArm7549 :
I'm having a hard time wrapping my head around the repeated claims in this thread that Tesla's sales are dropping, there is no demand, nobody wants to buy them, etc.

Are these people being paid to post this B.S.? Y'all know that their year-over-year sales growth for Q4 2022 vs Q4 2021 was ~30%, right? On top of prices being ~25% higher in Q4 2022 than they were in Q4 2021?

Pretending the fact their production is finally getting closer to catching up with demand is somehow a bad thing is unbelievably stupid and disingenuous.
Just clueless (far) leftys
6

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