-Wiznaz (mod)
As of Feb 3, IRS the Treasury Department just fixed the EV tax credit's Tesla Model Y problem and the cap is $80k for ALL models now.
Ordered Date and App Time; City/State; Model; Delivery Date
01/13/2023; 7pm CST, Dallas, TX; MY, Est Jan 22nd to Feb 5th
01/13/2023; Ohio; M3, Est Mid Feb to March
01/15/2023; Oahu, Hawaii; MY; February 19 - March 26
01/14/2023; 9pm; Los Angeles, CA; MY (Blue); February 4 - March 4 (edit// now February 14 - March 21 as of 1/24/23) (edit2// February 8 - February 22 as of 1/30/23) (edit3// VIN assigned [PA066*]; February 15 - February 24 as of 2/4/23)
01/13/2023; 11:29am EDT; Boston/MA; MY White/Black wheels; January 19 - came with defect and went promptly to body shop without picking up
01/13/2023: 12pm PT, Los Angeles, CA; MY (white) no options; Jan 26 - Feb 26, then 10 days later got VIN, then three days later scheduled delivery for Feb 5.
Who Qualifies
You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.
The credit is available to individuals and their businesses.
To qualify, you must:
Buy it for your own use, not for resale
Use it primarily in the U.S.
In addition, your modified adjusted gross income (AGI) may not exceed:
$300,000 for married couples filing jointly
$225,000 for heads of households
$150,000 for all other filers
You can use your modified AGI from the year you take delivery of the vehicle or the year before, whichever is less. If your modified AGI is below the threshold in 1 of the two years, you can claim the credit.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
https://www.irs.gov/credits-deduc...quireme
The sale qualifies only if:
You buy the vehicle new
The seller reports required information to you at the time of sale and to the IRS.
Sellers are required to report your name and taxpayer identification number to the IRS for you to be eligible to claim the credit.
The new law requires the POS (Dealer or manufacturer) to report a bunch of information on the buyer to the IRS.
Such as:
Seller/Dealer name and taxpayer ID number
Buyer's name and taxpayer ID number
Maximum credit allowable under IRC 30D for new vehicles or IRC 25E for previously owned vehicles
Vehicle identification number (VIN), unless the vehicle is not assigned one
Battery capacity
Date of sale
Sale price
For new vehicles, verification that the buyer is the original user
CALIFORNIA
Now the Model 3 and Y do qualify for CVRP rebate up to $4,500 ($2,000 + $2,500 income eligible ) up to $7,500 after February 2023.
https://cleanvehiclereb
Summary of February 28, 2023 updates:
……
In addition to the standard CVRP rebate, consumers with household income less than or equal to 400 percent of the federal poverty level are eligible for an increased rebate amount of $5,500 (previously $2,500) for BEVs and PHEVs, and $3,000 (previously $2,500) for FCEVs. This amounts to:
……….$7,500 for battery-electric vehicles (previously $4,500)
https://cleanvehiclereb
B Thank you for your email. Vehicle manufacturers must apply for Clean Vehicle Rebate Project (CVRP) eligibility with the California Air Resources Board (CARB) and meet a number of program requirements. If all program requirements are met, the vehicle is added to the list of eligible vehicles on our website. At this time, Tesla has not applied.
Top Comments
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
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
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)
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!
12.3K Comments
Sign up for a Slickdeals account to remove this ad.
Tesla does show it receiving the $7500 rebate at check out though since its under the $55K max set by IRS. Just thought it was odd its not on the IRS site but the Model Y Performance is.
What is the step to do that?
800/month for 72 months seems like a lot and that's after 4500k down...
But to be clear, there's still a lot up in the air:
- So far only "March" has been mentioned, it doesn't specify whether it's March 1st or March 31st.
- Teslas will likely at least qualify for $3,750 after March because they are assembled in the US.
- The other half of the rebate depends on the battery sourcing, and it's where the concern is.
I got an order in for February delivery, but at this point I'm thinking about delaying until the HD Radar is confirmed to avoid phantom braking, even if that means losing half of the rebate.
It is a manufactured concern, and the reason to jump in now is to avoid the uncertainty. Tesla MSRP will continue to reflect changes in regulations, but what are the chances the net cost (MSRP less incentives) to a consumer will be less than what one is paying now? Very slim, especially another $5k+ decrease. What are the chances the net cost may increase post March, and through 2023, moderately high enough, due to regulatory uncertainty. So it is a reasonable calculated risk to get one now, for those wanting one.
Sign up for a Slickdeals account to remove this ad.
If so, can you give us some info?
1. When did you order
2. Which model & upgrade options did you select
3. What city/state do you live
4. What is your new ETA?
What is the step to do that?
800/month for 72 months seems like a lot and that's after 4500k down...
Only you can decide what you can afford. Unless you want to post your W2, last tax return, and credit history for us to opine.
Try local credit unions for lower interest rates.
Tesla does show it receiving the $7500 rebate at check out though since its under the $55K max set by IRS. Just thought it was odd its not on the IRS site but the Model Y Performance is.
2. World competition is here to stay. If we try to slow it down; it will cost us over time. Even if there are other reasons for tariffs.
3. No, it's not slave labor. It's work. Yes, it's far too much red tape. Mainly it is individuals, understanding and then doing their part in producing a better product or service; at a better price per value. Not making the best, only for billionaires and saying, "you get what you pay for". Done though means, like modern mass production; that now includes good quality. Not planned obsolescence. Not economy models; if code for crap. And no common sense worker safety issue need be skipped ever, to do it. We lack GOOD leadership. So do not follow the Hurd.
4. So I compare worldwide and price does count. If there is little difference then I buy USA.
We need good leaders protecting competition. The automatic free market system restored. We need to stop the monopolies and their price fixing oligarchies. No one is above the law. And I mean the loving song of God for us, to guide us through; not broke 'woke', actually unequal, evil laws causing lawlessness.
When the government bought out the auto industry they became the communist auto industry and we all lost. If this was different then Tesla's would be less than $20,000. And EV's and "clean energy" would not be considered aligned with a political party. Wake up America. Indeed.
Political science dictates we will vote AGAINST the person we can be brain washed to hate. News and social media can manipulate your view. They did. Computer voting, really!? I said that, when that first started.
We are supposed to vote for character/wisdom; not just against a character. We are supposed to vote for the constitution and our own freedom. We are supposed to stop foreign manipulation of our vote and propaganda. We know some countries stated goal is to ruin us. We are being told, "Look over here" and away from Truth. And how long will we keep thinking nothing is going to happen? Where are we now?
Sign up for a Slickdeals account to remove this ad.
http://ozopplus.com/
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!