-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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Problem is most legacy EVs are press releases instead of mass production.
Caddy began building the Lyriq in March 2022.
By end of 2022 they'd sold a whole... 122 of them. Total.
See also the EV hummer than has been in production since late 2021 and has sold a grand total of 855 vehicles through end of 2022.
Ford is doing a bit better here, they managed to crank out 13,258 EV F-150s in 2022... but that's still only like -2 percent- of all F-150 sales the rest being gasoline.
Toyota....is hilariously behind the entire industry in EVs at this point... embarrassingly so given how far ahead they were on hybrids at first... the only BEV they put on the market at all so far the needed Subarus help, then immediately had to recall for the wheels falling off.
The COMPETITION IS COMING narrative has been throw out there for a decade now, and it's still largely "some vague soontime in the future" as far as coming out in significant numbers of production..... in part because unlike Tesla, these guys are largely losing money on each EV they sell so they're not motivated to really make or sell that many of em.
Plus the issue of legacy dealers marking stuff up way past MSRP.
I did kinda skip over hybrids, because to me they're like a futon....not really a great couch, not really a great bed. They were a useful solution 10-20 years ago when BEVs weren't cost/range practical yet, but that day is gone...and as more of the market does go BEV in the next 5-10 years (with the EU and other places banning gas cars entirely by 2035) the resale values are gonna crater on these things too.
Caddy began building the Lyriq in March 2022.
By end of 2022 they'd sold a whole... 122 of them. Total.
See also the EV hummer than has been in production since late 2021 and has sold a grand total of 855 vehicles through end of 2022.
Ford is doing a bit better here, they managed to crank out 13,258 EV F-150s in 2022... but that's still only like -2 percent- of all F-150 sales the rest being gasoline.
Toyota....is hilariously behind the entire industry in EVs at this point... embarrassingly so given how far ahead they were on hybrids at first... the only BEV they put on the market at all so far the needed Subarus help, then immediately had to recall for the wheels falling off.
The COMPETITION IS COMING narrative has been throw out there for a decade now, and it's still largely "some vague soontime in the future" as far as coming out in significant numbers of production..... in part because unlike Tesla, these guys are largely losing money on each EV they sell so they're not motivated to really make or sell that many of em.
Plus the issue of legacy dealers marking stuff up way past MSRP.
I did kinda skip over hybrids, because to me they're like a futon....not really a great couch, not really a great bed. They were a useful solution 10-20 years ago when BEVs weren't cost/range practical yet, but that day is gone...and as more of the market does go BEV in the next 5-10 years (with the EU and other places banning gas cars entirely by 2035) the resale values are gonna crater on these things too.
Nope
As far as your point re Hybrids and also Toyota - well taken. Obviously Toyota feels like they are the pioneer in it and don't seem to want to give it up. And in a way.. At least for now why should they when cars like the Prius are still so popular globally? At the same time I personally worry about resale indeed hence why I am leasing a gas vehicle now, and my next will likely be a lease again if I can find a favorable deal once more. The industry is still sorting itself out. And then we haven't even touched the issue of the power grid.
Did you place a separate order?
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