-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.
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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)
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1. There is a spot a little larger than a long grain of rice that's bare metal on front door seam
2. Front and rear bumpers are different tone of white than the rest of the car, anyone else seen this?
3. half ass wash job with adhesive from protective film still in some places and plenty of dirt everywhere.
I had to drive 70 miles away to get this inventory car, so I will deal with the service centers in local Tesla centers.
If you want a Model Y, put in an order, and then call every day to see if there are inventory cars you can transfer to.
BTW don't forget to report the issues ASAP. You only have 100 miles to do so.
Some folks are claiming that, $7,500 can be claimed with 2022 tax filing as early credits?
My understanding is, if you purchase an eligible vehicle during 2023, you can claim $7500 in your tax filing around Q1 of 2024.
Is there any way to claim these credits early?
Some folks are claiming that, $7,500 can be claimed with 2022 tax filing as early credits?
My understanding is, if you purchase an eligible vehicle during 2023, you can claim $7500 in your tax filing around Q1 of 2024.
Is there any way to claim these credits early?
For AGI based eligibility, you can use either 2022 or 2023 income, which ever helps you to qualify for the $7500 credit.
Hopefully somebody can confirm
BTW don't forget to report the issues ASAP. You only have 100 miles to do so.
don't think there is new radar...doubt it'll be there for a little while longer
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Hopefully somebody can confirm
I did a refinance since I already purchased. TCU is sending my loan check directly to the other credit union to pay off. That is why they have you fill out the power of attorney forms so that they can handle payment and pay off on your behalf. They don't even ask for you to provide a payoff quote, that is because they will request it directly without you.
For loan application: just front and back of DL and once approved the membership form to sign via DocuSign. For loan they want quite a few docs: payoff authorization form, power of attorney form, proof of insurance with deductibles of $500 or less, title information showing TCU as the lien holder
Apply separately for membership and your loan at the same time on their website and make a $35 donation to TowerCares. I received 2.99% for 60 months. I think they offer 72 months @ 3.49% and 84 months @ 4.99%. Lower for loans shorter than mine.
I only see Alabama, Illinois, Louisiana, Mississippi, Missouri and Texas.
Apologies if this was answered in previous threads there is over 500+ pages now at this point. but i went through with my MYLR with tesla loan ... what is the process for Tower and am i eligible ? i am located in GA
When were the fees due for the plates you transferred? And how much did you pay in fees last year?
I only see Alabama, Illinois, Louisiana, Mississippi, Missouri and Texas.
Apologies if this was answered in previous threads there is over 500+ pages now at this point. but i went through with my MYLR with tesla loan ... what is the process for Tower and am i eligible ? i am located in GA
You'd apply for membership and apply for a used loan (if you already have your Tesla or are taking delivery soon as Tower takes some time with the recent influx of applications), respond when they reach out with the documentation needed to satisfy opening your accounts, then have your payment disbursed and Tower take over financing of your vehicle. You can view their website for rates and applying information.
You'd apply for membership and apply for a used loan (if you already have your Tesla or are taking delivery soon as Tower takes some time with the recent influx of applications), respond when they reach out with the documentation needed to satisfy opening your accounts, then have your payment disbursed and Tower take over financing of your vehicle. You can view their website for rates and applying information.
Some folks are claiming that, $7,500 can be claimed with 2022 tax filing as early credits?
My understanding is, if you purchase an eligible vehicle during 2023, you can claim $7500 in your tax filing around Q1 of 2024.
Is there any way to claim these credits early?
Have your company withhold less money if you need it now.. pretty simple
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You'd apply for membership and apply for a used loan (if you already have your Tesla or are taking delivery soon as Tower takes some time with the recent influx of applications), respond when they reach out with the documentation needed to satisfy opening your accounts, then have your payment disbursed and Tower take over financing of your vehicle. You can view their website for rates and applying information.
So the first step is
1. donate $35 dollars to Tower cares
2. Apply for an Auto Loan
- So my MYLR delivery date is Feb 18 - March 28 ... no VIN assigned yet ... when i go to apply for a loan i see the following options ?
I would think its refinance ? as i already applied to a loan with tesla and already completed those steps ? ...
https://app.consumer.me
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