-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)
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It seems its wait and see approach now.
It seems its wait and see approach now.
This further increases upward price from the manufactures and likely not squeezing their margins. Ford and GM do not have that much margin built on their EVs. .
Did you get a refund at the time of delivery?
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GM announced in Oct 2017 it would launch 20 new EV models by2023. It is 2023 now and the only two they've actually launched since then (hummer and lyriq) have sold less than 1000 total vehicles.
Lots of companies have been announcing stuff for years. Actual production not so much.
And most of what they HAVE produced has been underwhelming... VW began ID.4 production in 2020... and only sold about 20k ID.4s in the US in all of 2022 for example.
The actual #s don't support the idea this will change all that much in the next 2-3 years... for example GM said it planned to build 400k BEVs total from 2022-2024... we already know they only managed a bit under 40k in all of 2022 (and 98% of those were the bolt). Meanwhile Tesla produced over 1.3 million JUST in 2022 and plans to continue averaging 50% annual increases in output the rest of the decade.
That's not to say a few companies aren't legit scaling at all, but it's mostly folks scaling from nearly 0 to maybe the output Tesla had 2-4 years ago while they've continued growing massively.
Legacy is way behind and has been falling further so.
Ford sold about about 39,000 Mach Es last year.
Tesla sold about 1.2 million 3/Y last year.
If you just count total vehicles sold since each launched BEVs we have:
Tesla 3/Y- 2..8 million vehicles.
Chevy bolt- 140,000
That's about 20 Teslas sold for each Bolt.
The Mach E is an even tinier # than the bolt lifetime.
Plus Tesla has sold very roughly 500-900k S/X in that time too so it's an even bigger ratio in Teslas favor.
So I can't imagine where you live where you're seeing "way more" of 2 cars with over 20x less sales on the road
(granted most Ford/GM sales are in the US, and not all of Teslas are, but you're still talking well over 10x the # of Teslas compared to the others)
Every time Ford or GM sells one, they're displacing an ICE sale from themselves that takes profit from themselves.
That's not a sustainable business model.
Fords CEO just admitted a ton of screwups they made on design, engineering, and cost with the Mach E, and how they're losing $ on them to the tune of billions. So selling more makes that worse for them.
Prius sales peaked in *checks notes* 2010. In the US specifically they peaked in 2012, and they're down MASSIVELY since then.
Toyota has a habit of developing a successful product, then leaving it on the market for as long as possible without major investment to maximize value on the initial development.
This works great when your industry rarely innovates more than better cup holders.
It's a garbage business plan when the entire industry is being disrupted by a sea change.
Toyota today is Nokia in 2008ish.
power grid is largely a red herring... not everyone is charging all at once, and most charging happens at night when the grid has the least demand in general.
Engineering explained covered how relatively easily the grid can handle moving to 100% BEV in a great video here:
https://www.youtube.com/watch?v=7dfyG6F
tl;dr is that based on likely rate of adoption, and the already ongoing rate at which we add capacity, with time of use in play it's really a non-issue to have the grid be able to handle it long term.
What state they're sold in has nothing to do with the fed rebate
After reading this thread, I changed my order early evening (before the price increase) to the MYP. The delivery date immediately changed to February-March 2023. It was instant, as soon as I pressed the button to update the order.
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