The IRS has released its 2024 point-of-sale EV tax credit details. According to the new guidelines, the Model 3 AWD & Long Range lose the entire $7,500 tax credit. This makes the Model 3 Performance cheaper than the Long Range.
In a new interview, Tesla’s head of vehicle engineering has confirmed that Tesla is working on offering a 500-mile range Cybertruck. The Tesla executive has also explained the reason why Tesla is not yet able to offer a Cybertruck with a 500-mile range.