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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 2,619,088 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 25, 2023 04:18 PM
556 Posts
Joined Dec 2012
Slayer.I.AmJan 25, 2023 04:18 PM
556 Posts
Quote from VLAN101 :
$250 x 10,000 = $2,500,000 of free money for Tesla. Peace

Think Bigger -- $10,000 (what they make per car atleast) x 10,000 = $100,000,000

It is entirely in Tesla's interest to not lose any sales. Even if this means giving the wheel upgrade and Tow upgrade for free in March - which would mean price falls back under 55k and that particular vehicle gets sold on the spot.

ALL the vehicles with wheels and Tow (and some color options as well) will be given for 54990 before the $7500 credits expire.

The name of the game is Sell, Sell, Sell
Jan 25, 2023 04:19 PM
1,015 Posts
Joined Mar 2019
CycloneFWJan 25, 2023 04:19 PM
1,015 Posts
Quote from Mikey122687 :
Do you need to open an account for checking?
No, but autopay is needed for the best rate at Tower. That autopay can be from the savings or maybe even another bank. They haven't listed that level of detail yet in the docs, but do list that autopay reduction of 0.25% is included in the quoted rate.

In the loan app, they do have you pick if autopay will be from checking, savings, external, or not at all.
Last edited by CycloneFW January 25, 2023 at 09:21 AM.
Jan 25, 2023 04:37 PM
141 Posts
Joined Sep 2020
THEOHIOSTATEJan 25, 2023 04:37 PM
141 Posts
Quote from IMAFriend :
RuntoHell said the Model 3 got the price increase. You are referring to Model Y.
Model 3 LR did not get a price increase. It's still $49,990.
Jan 25, 2023 04:41 PM
141 Posts
Joined Sep 2020
THEOHIOSTATEJan 25, 2023 04:41 PM
141 Posts
Quote from lavangbay :
Hi

Does anyone know if this is a good electrical wire to run for the Tesla Mobile Charger?

https://www.ebay.com/itm/19203549...R47UmfS8YQ

Thanks
LVB
Yes that's fine. Just get a high quality 14-50 Nema outlet from Hubbell or cooper.
Jan 25, 2023 04:49 PM
114 Posts
Joined Nov 2012
smksinger123Jan 25, 2023 04:49 PM
114 Posts
Quote from niteboyzzz :
Tesla would get loads of cancellations if the cars not delivered in time for these restrictions.
I think $250, non refundable deposit makes the order a binding agreement and maybe eligible for tax credit.
Jan 25, 2023 04:55 PM
23 Posts
Joined May 2013
UseridnameJan 25, 2023 04:55 PM
23 Posts
Quote from smksinger123 :
I think $250, non refundable deposit makes the order a binding agreement and maybe eligible for tax credit.
yeah hate loosing that 250 if thr tax rebate does not kick in.. good point and hope u r correct
Jan 25, 2023 05:06 PM
1,071 Posts
Joined Sep 2009
pwrdbykimchiJan 25, 2023 05:06 PM
1,071 Posts
Quote from smksinger123 :
I think $250, non refundable deposit makes the order a binding agreement and maybe eligible for tax credit.
Unfortunately, the IRS bases this date on when the vehicle was placed in service. Essentially, when you accept delivery of the vehicle. So let's say I placed an order on January 14. The IRS releases the nuts and bolts behind the battery manufacturing requirements on March 17 then I accept delivery of the vehicle on March 18. I'm technically disqualified from the federal tax credit if the Tesla vehicle I purchased doesn't meet the requirements.
Last edited by pwrdbykimchi January 25, 2023 at 10:06 AM.

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Jan 25, 2023 05:08 PM
290 Posts
Joined May 2006
2NeolinuxJan 25, 2023 05:08 PM
290 Posts
Quote from niteboyzzz :
Tesla would get loads of cancellations if the cars not delivered in time for these restrictions.
Manchin would prefer autos running on Coal to support his family business
3
Jan 25, 2023 05:11 PM
290 Posts
Joined May 2006
2NeolinuxJan 25, 2023 05:11 PM
290 Posts
Quote from VLAN101 :
$250 x 10,000 = $2,500,000 of free money for Tesla. Peace
Knowing Tesla, they will throw in some combination of EAP, FSD, Supercharger miles to compensate for loosing $7500
Jan 25, 2023 05:43 PM
492 Posts
Joined Feb 2012
Mikey122687Jan 25, 2023 05:43 PM
492 Posts
Quote from CycloneFW :
No, but autopay is needed for the best rate at Tower. That autopay can be from the savings or maybe even another bank. They haven't listed that level of detail yet in the docs, but do list that autopay reduction of 0.25% is included in the quoted rate.

In the loan app, they do have you pick if autopay will be from checking, savings, external, or not at all.
Ok, I selected auto pay from another bank.

Hopefully it should be fine
Jan 25, 2023 05:43 PM
2,522 Posts
Joined Aug 2007
sleekwalletJan 25, 2023 05:43 PM
2,522 Posts
Quote from 2Neolinux :
Knowing Tesla, they will throw in some combination of EAP, FSD, Supercharger miles to compensate for loosing $7500
FSD for 7.5K makes sense, I mean for them
Jan 25, 2023 05:48 PM
1,433 Posts
Joined Oct 2017
techie_reviewJan 25, 2023 05:48 PM
1,433 Posts
They just increase the price $500 overnight ahahha for the MY Long range


Did anyone else get their VIN ... order placed on January 17th ... did all the processes on the Tesla App ...

Location: ATL, GA
1
Jan 25, 2023 06:07 PM
85 Posts
Joined Jan 2018
Nos4r2Jan 25, 2023 06:07 PM
85 Posts
Quote from techie_review :
They just increase the price $500 overnight ahahha for the MY Long range


Did anyone else get their VIN ... order placed on January 17th ... did all the processes on the Tesla App ...

Location: ATL, GA
I'm ATL GA too. Ordered on the 14th, no vin yet.
Jan 25, 2023 06:09 PM
3,694 Posts
Joined Jul 2019
94c107ea-869c-45a5-becd-c6b552Jan 25, 2023 06:09 PM
3,694 Posts
Quote from rpg78 :
https://www.washingtonpost.com/po...ope-wrath/

https://thehill.com/policy/energy...tions/amp/

"In late December, Treasury said it would delay the rollout of these strict new requirements until March. But under Manchin's bill, the requirements would retroactively take effect on Jan. 1."

I don't know what Manchin's problem is but he is pushing hard for ev tax credit to go away asap specially the $3750 related to battery requirement. No company can meet those requirements.
Manchin plays to the coal belt, he's an a-hole with this redic convoluted ev credit.
3

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Jan 25, 2023 06:22 PM
57 Posts
Joined May 2014
bilalhashmiJan 25, 2023 06:22 PM
57 Posts
Does Tower Cares foundation has any annual fee? We pay one time donation and become a member? Or do we have to keep paying for membership every year?

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