Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
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
Visit Retailer
Good Deal
Save
Share
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

Community Voting

Deal Score
+839
Good Deal
Visit Retailer

Leave a Comment

Unregistered (You)

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

Sign up for a Slickdeals account to remove this ad.

Jan 15, 2023 03:52 PM
38 Posts
Joined Jan 2023
SharpArm7549Jan 15, 2023 03:52 PM
38 Posts
Quote from ikonoklast :
The driver has the ultimate responsibility to not be a moron and believe Tesla's BS marketing, read and abide by the instructions, etc.

Tesla has the responsibility to not name something FULL SELF DRIVE when it's not full self-driving. It's false advertising which is against the law.

Just because something is optional doesn't mean it should take away Tesla's responsibility in marketing.

Yes, companies mislead but it's wrong in any other case as it is in Tesla's case. However, we are not talking about a harmless video game here. We are talking about a 4k+ lbs vehicle that has the real danger to cause serious harm where stupid drivers do stupid things. Mix stupid people with false advertising and you have a recipe for harm.
Full Self Driving Beta is the Beta version of software that will, when complete (i.e. no longer in Beta) be Full Self Driving. There is no more accurate a name that it could have.

Using your video game analogy, when you play the Beta of a video game do you get upset if something that's going to be in the completed version of the game isn't functional yet? Or do you understand that the word "Beta" means that you are playing a version where not everything is finished yet?
1
Jan 15, 2023 03:56 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 03:56 PM
2,409 Posts
Quote from mychaelp :
couple making $40k each can't get the full credit.
Couple making $40k each should be investing money into education, not shopping for a luxury tesla super car with giga factories and processes managed directly by Jesus Christ.
1
Jan 15, 2023 03:56 PM
2,409 Posts
Joined May 2015
AlexK6706Jan 15, 2023 03:56 PM
2,409 Posts
Quote from SharpArm7549 :
Full Self Driving Beta is the Beta version of software that will, when complete (i.e. no longer in Beta) be Full Self Driving. There is no more accurate a name that it could have.

Using your video game analogy, when you play the Beta of a video game do you get upset if something that's going to be in the completed version of the game isn't functional yet? Or do you understand that the word "Beta" means that you are playing a version where not everything is finished yet?
There will be no full self driving buddy.
Jan 15, 2023 03:57 PM
389 Posts
Joined Apr 2019
Tri1914Jan 15, 2023 03:57 PM
389 Posts
Quote from Raj1237 :
May I know how long it took after you placed order? I am thinking to place order for 7 seater, but not sure if I get it before Mar 31st.
Estimated delivery to GA: feb20-mar15. Which I think is bogus 😭
Jan 15, 2023 03:57 PM
2,080 Posts
Joined Dec 2012
PgaJan 15, 2023 03:57 PM
2,080 Posts
Quote from JellyBellyMD :
HEY CHIEF, here is your AWD fluid

https://www.ravenolamerica.com/pa...nol-awd-h/

https://acura.bernardiparts.com/A...9007A.aspx

Here's info on Haldex AWD system so you educate yourself. You'll notice they were installed on certain Fords.....

https://en.wikipedia.org/wiki/Hal...nt%20names.
Hah Champ, I see you are still continuing on ignoring the fact that the made up BMW maintenance list tried to pass off as Factory Recommendation includes a 90K mile replacement of a component that doesn't exist on BMW engines.

Yeah buddy those are gear fluids with special additives to work with particular DIFFETENTIALS. There's no such thing as AWD fluid, this is why the two differential fluids aren't interchangeable. Here's generic version of the latter "AWD" fluid.....not surprisingly it's called differential gear oil https://www.napaonline.com/en/p/AIC3410300

Spanking you around has been fun, but I'm getting tried of shooting fish in the barrel. So I'm off to finding more stimulating things to do.
Jan 15, 2023 03:59 PM
9,521 Posts
Joined Aug 2003
ikonoklastJan 15, 2023 03:59 PM
9,521 Posts
Quote from SharpArm7549 :
Full Self Driving Beta is the Beta version of software that will, when complete (i.e. no longer in Beta) be Full Self Driving. There is no more accurate a name that it could have.

Using your video game analogy, when you play the Beta of a video game do you get upset if something that's going to be in the completed version of the game isn't functional yet? Or do you understand that the word "Beta" means that you are playing a version where not everything is finished yet?
Video games in BETA are typically free. FSD Beta is not. Do you see the issue here? Seems like you don't understand what BETA means.

FULL SELF DRIVING means FULL.SELF.DRIVING. Anything short of that, whether BETA or not, is false advertising. Doubly so when you are charging customers, optionally or not, $15k right now, at the moment, presently, etc.

By the way, I think Teslas are the benchmark for EVs. 5 years since the release of the Model 3, and no other company has yet surpassed it imo. No hate on Tesla cars. Only hate on Tesla's false advertising.
Jan 15, 2023 04:00 PM
400 Posts
Joined Nov 2010
bigemu1Jan 15, 2023 04:00 PM
400 Posts
Quote from d0min0 :
i just tax loss harvested a shit load of losses back in december for 2022, so much so that i didn't even make shit last year lol. can i still get this EV credit?
That would be for the 2022 tax year. If you have more than $3,000 in losses, you can carry them over into future tax years, but you aren't forced to use them in 2023. Just start reharvesting your losses in 2024. If your portfolio booms and you're worried you aren't going to have enough tax liability, just harvest some gains in 2023 to help you get the full $7,500 credit.

Sign up for a Slickdeals account to remove this ad.

Jan 15, 2023 04:01 PM
2,080 Posts
Joined Dec 2012
PgaJan 15, 2023 04:01 PM
2,080 Posts
Quote from AlexK6706 :
It has nothing to do with PETA. As long as tesla owners keep praising this shit they'll keep throwing it at them. Ignorance is a bliss.
oooh there was big public shaming campaign on social media over the use or leather actually. So Musk gave everyone faux pleather that bubbles up in no time
Jan 15, 2023 04:02 PM
63 Posts
Joined May 2018
qt111115Jan 15, 2023 04:02 PM
63 Posts
No more model Y with 55k or less
Jan 15, 2023 04:02 PM
4,330 Posts
Joined Apr 2012
twoweeledJan 15, 2023 04:02 PM
4,330 Posts
Quote from p0lpot :
Ordered a Ford Maverick Hybrid for 1/2 if this. The math doesn't add up.
You ordered a Ford Maverick Hybrid for $25,000? Sounds like you ordered a bare bones truck? I'm positive, you have never driven a Tesla. I have been in the Maverick and there is no comparison. And you are comparing hybrid to all electric. Different pricing for sure.
Jan 15, 2023 04:03 PM
38 Posts
Joined Jan 2023
SharpArm7549Jan 15, 2023 04:03 PM
38 Posts
Quote from AlexK6706 :
So they were selling every car they could make and then decided to reduce the price by 20%?
Uh, yes? It's a fact, not up for debate. The numbers are publicly available. It's no secret.

They have 2 new HUGE factories that are rapidly ramping up production, so they cut prices (which they had greatly raised over the past year and a half, remember) to ensure that increasing production continues to be their only concern for the foreseeable future.

Even with the price cuts, their margins will remain far higher than their biggest competitors and likely higher than ANY competitor.
2
Jan 15, 2023 04:03 PM
2,566 Posts
Joined Oct 2006
sussigJan 15, 2023 04:03 PM
2,566 Posts
Quote from dohmahmigh :
I see a lot of folks are getting "Amount you owe" (line 37 your 1040 assuming you didn't withhold enough) and your "total tax" obligation (line 24 of your 1040 - how much you owe IRS before any withholding) mixed up.
So let me try to clear things up here:
If your line 24 is equal or greater than $7500, then you are fully utilizing this EV credit of $7.5k--GREAT
If your line 24 is less than $7.5k, then you are NOT fully utilizing the $7.5k credit--NOT GREAT DO NOT look at line 37 of your 1040 because your withholding is IRRELEVANT.
TLDR - you want your "total tax" obligation (line 24) to be at least $7500.
Hope this clears the confusions for everyone
my cpa told me to use figure from line 16 to offset ev tax credit. thus you have to have over 7500 off line 16 to get full ev credit. if you own anything on line 17, then you can use total figure off line 18
Jan 15, 2023 04:03 PM
2,080 Posts
Joined Dec 2012
PgaJan 15, 2023 04:03 PM
2,080 Posts
Quote from rotorrocket :
Wrong. Seats hold up very, very well. No conditioners need like leather and clean up easily. Using baby wipes is what many recommend.
lol "very very well"

https://carbuzz.com/news/tesla-ow...ing-issues
Jan 15, 2023 04:04 PM
2,080 Posts
Joined Dec 2012
PgaJan 15, 2023 04:04 PM
2,080 Posts
Quote from RoyGeeBiv :
Tesla has the margins to do this and still make way more per vehicle than legacy auto. They are refining their already untouchable efficiency in manufacturing (giga-casting, 4680 cells, etc) and vertical integration is unmatched at these production levels. The cyber truck (supposedly) will reach production this year, with 300k preorders IIRC. Tesla will take a hit on margin and possibly revenue, but sales in Q1 will be WAY up. No doubt about that.
totally false
3

Sign up for a Slickdeals account to remove this ad.

Jan 15, 2023 04:04 PM
1,121 Posts
Joined Feb 2011
goorumaJan 15, 2023 04:04 PM
1,121 Posts
Competition is good and Fisker PEAR will be $30k+. I expect EVs will get only cheaper. Don't forget about insurance also. Teslas are known for expensive insurance and repairs.

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

Trending Deals