-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.
Leave a Comment
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)
12,284 Comments
Sign up for a Slickdeals account to remove this ad.
Nobody is cross-shopping a Model Y and a Tacoma pickup truck.
None of this is true if you remove pickup trucks though.
In fact if you do that, the Model Y was the 3rd best selling vehicle in the US period in 2022.
Specifically-
1) Rav4, 399,941 (1.9% decline)
2) Camry: 295,201 (5.9% decline)
3) Model Y: 252,000 (32.4% increase)
4) Honda CR-V: 238,155 (34.1 decrease)
5) Jeep Grand Cherokee: 223,345 (15.5% decrease)
BTW, the Tesla Model 3 was just behind the Jeep at 211,641 units.
So Tesla had one non-pickup ahead of every OEM except Toyota... and a second model nearly in the top 5 as well. And the ONLY two models whose sales are INCREASING not declining.
Worldwide the Model Y is the 4th best selling vehicle of any kind even trucks in 2022.
https://electrek.co/2023/01/30/te...ry-scared/ [electrek.co]
1) Corolla: 1.12 million (22% decline)
2) Rav4: 869.955 (13.8% decline)
3) Ford F-150: 766757 (8.8% decline)
4) Tesla Model Y: 758,605 (88% increase)
5) Camry: 675,272 (3% decline)
6) Honda CRV: 601,000 (18% decline)
7) Tesla Model 3: 596,000 (4% increase)
So 2 of the top 7 vehicles in the world in sales, and the only two increasing YoY.
In 2023 the Y likely becomes the best selling vehicle in the world period- for sure it does in terms of revenue (it might already have done this in 2022, you'd have to have detailed data on ASP for F-150 vs Y though)- and likely in unit sales too esp if corollas decline continues. It'll easily pass everything else.
I bought a Model Y from in inventory and will drive it happily just like I'm happy to be driving my 2011 Highlander that still rocking and has had 0 issues since purchased new.
At a really high level, Tesla had a good 2022. They make good cars. In terms of EV sales, they're killing it.
But when you look at percentage growth and decline and try to make sweeping statements regarding the relative quality of cars, or consumers voting with their wallets, you're missing the forest for the trees. The Model Y was Tesla's most popular model, and in 2022 it was sandwiched just above the Jeep Grand Cherokee and below the Toyota Tacoma in sales numbers. If it were a Toyota model, it would have been their 3rd best seller. If it were a Ford, Chevy, Honda, or GMC, it would have been 2nd place. https://www.caranddrive
Anecdotally:
My wife ordered a Mustang Mach-E in September/October. No build date or any sort of update yet.
My wife ordered a Model Y on 1/12 and we had it within a week.
Similarly, I ordered a Maverick in January and it wasn't ready until November.
Tesla doing a good job with their supply is great, and they deserve credit. But I'd argue that at least in this N=1 sample, she wasn't choosing her Elonmobile over the Mach-E for any reason other than availability. She's probably not the only person for whom this is true.
Tesla would have sold a lot more cars if Musk would just stay away from Twitter.
Sign up for a Slickdeals account to remove this ad.
(1) Nobody is cross-shopping a Model Y and a Tacoma (or any other) pickup truck.
(2) Much of this is simply untrue if you remove pickup trucks though.
In fact if you do that, the Model Y was the 3rd best selling vehicle in the US period in 2022.
(3)
Specifically-
1) Rav4, 399,941 (1.9% decline)
2) Camry: 295,201 (5.9% decline)
3) Model Y: 252,000 (32.4% increase)
4) Honda CR-V: 238,155 (34.1 decrease)
5) Jeep Grand Cherokee: 223,345 (15.5% decrease)
BTW, the Tesla Model 3 was just behind the Jeep at 211,641 units.
(4)
So Tesla had one non-pickup ahead of every OEM except Toyota... and a second model nearly in the top 5 as well. And the ONLY two models whose sales are INCREASING not declining. With the continuing declines of the CRV and Jeep, and the price cuts on the 3 and Y, it's likely Model Y moves up to #2 in the US and Model 3 moves up to #4 for 2023.
Worldwide the Model Y is the 4th best selling vehicle of any kind even trucks in 2022.
https://electrek.co/2023/01/30/te...ry-scared/ [electrek.co]
(5)
1) Toyota Corolla: 1.12 million (down 2% vs last year)
2) Toyota RAV4: 870,000 (down 14% versus last year)
3) Ford F-Series: 787,000 (down 9% versus last year)
4) Tesla Model Y: 759,000 (up 88% versus last year)
5) Toyota Camry: 675,000 (down 3% versus last year)
6) Honda CR-V: 601,000 (down 18% versus last year)
7) Tesla Model 3: 596,000 (up 4% versus last year)
So 2 of the top 7 vehicles in the world in sales, both ahead of every model from every OEM except Toyota, Ford, and Honda... and the only two increasing YoY among the top sellers at all.
In 2023 the Y likely becomes the best selling vehicle in the world period- for sure it does in terms of revenue (it might already have done this in 2022, you'd have to have detailed data on ASP for F-150 vs Y though)- and likely in unit sales too esp if corollas decline continues. It'll easily pass everything else.
(2) If you remove cars with frameless windows, then Tesla's not even on the list.
(3) & (5) Tesla is moving from a low volume company to a mass market company. The % increases are great, but also misleading without context. Also, I posted a screenshot of a CarGurus search for a Rav 4, just for context on the Toyota numbers. Dealers are charging a premium right now, because supply has not met demand at the retail price. This is an indicator that the sales volume is capped by supply, not demand.
At a high level, this is why the Tesla numbers are so misleading. The major manufacturers are having trouble producing cars. Tesla has picked up a lot of that slack. There's no harm there, it's a good thing for Tesla. But it's not a given that Teslas sales will continue to the moon while everyone else crashes to zero.
(4) You're making some assumptions that might not hold. Take the Jeep Grand Cherokee, for instance. That was recently redesigned, and they're a plug in version that is very difficult to find at retail price now. If production increases enough that prices come down, and the rebates on other EVs dry up, that starts to get a lot more compelling.
Point still stands. Why not call it something unique so everyone knows what we're talking about?
Tesla would have sold a lot more cars if Musk would just stay away from Twitter.
I do agree that there certainly are a lot of political bigots, though. If people didn't hate Musk after the Thailand rescue comments but hate him now, they probably fall into that category.
Sign up for a Slickdeals account to remove this ad.
"California Legislature passed AB 2565 in 2014. Codified at California Civil Code section 1947.6, the new law creates a procedure requiring landlords to accept tenants lawful written requests to install EV charging stations and their related infrastructure. Today, California tenants have the right to install equipment to charge their electric cars."
Leave a Comment