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2024 electric vehicle jolt - fewer models qualify for the full tax credit (NASDAQ:TSLA)

2024 electric vehicle jolt - fewer models qualify for the full tax credit (NASDAQ:TSLA)
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United statesAshley schapitlTreasury departmentRivian automotiveJeep wranglerGeneral motorChevrolet boltFord motorNissan leafToyota motorGeneral motors

EVs eligible for $7,500 US tax credit cut to 13 from about 24

Among the vehicles still eligible for the credit are Tesla's Model Y, Rivian’s R1T pickup truck, Jeep Wrangler 4xe and the F-150 Lightning pickup truck.

United statesJoe manchinJoe bidenAshley schapitlTesla incRivian automotive incTreasury departmentFord motor coAri natterRivian automotiveFord motorPresident joe bidenSenator joe manchinWest virginia democratInflation reduction

List of electric car models eligible for $7,500 tax credit is cut to 13

List of electric car models eligible for $7,500 tax credit is cut to 13
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United statesMaria elena vizcainoAshley schapitlJoe manchinJoe bidenTesla incTreasury departmentFord motor coRivian automotive incTribune content agencyRivian automotiveFord motorPresident joe bidenSenator joe manchinWest virginia democratInflation reduction

Electric Car Models Eligible for $7,500 US Tax Credit Cut to 13

(Bloomberg) The number of electric vehicle models eligible for a consumer tax credit of as much as $7,500 fell sharply as new rules from the Biden administration kicked in on Jan. 1.Most Read from BloombergFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Confidential Jeffrey Epstein Documents Unsealed by New York CourtSaving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleTech Stocks Log Four-Day Losing Streak, Bonds Rise: Markets WrapIran Blasts That K

United statesJoe manchinAshley schapitlBloomberg businessweekJoe bidenMaria elena vizcainoTesla incFord motor coRivian automotive incTreasury departmentChinese contentRivian automotiveFord motorPresident joe bidenSenator joe manchinWest virginia democrat

List of electric car models eligible for $7,500 tax credit is cut to 13

The number of electric vehicle models eligible for a popular $7,500 consumer tax credit fell sharply as new rules from the Biden administration kicked in on Jan. 1. Narrower criteria reduced the number of qualifying models to 13 from about two dozen, according to federal data from fueleconomy.gov. The new rules exclude from the tax […]

United statesAshley schapitlJoe manchinTreasury departmentFord motor coRivian automotive incTesla incRivian automotiveFord motorPresident bidenSenator joe manchinWest virginia democratInflation reduction