Tesla's Electric Shock: Drastically Lowers EV Pricing in the US and Europe

Tesla’s Electric Shock: Drastically Lowers EV Pricing in the US and Europe

Customers must buy by mid-March to obtain the full $7,500 refund, which is projected to be cut to half that amount. The tax breaks are available for SUVs under $80,000 and cars under $55,000. The Model Y fell into both categories depending on the number of seats, which meant that some 5-seat vehicles were ineligible, which CEO Elon Musk described as “messed up.” Except for the Performance model, it seems that all Model Y EVs now qualify.