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EV tax credit: What to know before you buy [Yahoo! Finance]
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Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Your vehicle must meet several standards, such as model year, vehicle parts and cost, to receive the full available tax credit. When deciding if driving an electric car is right for your needs, consider your driving habits, budget and access to chargers. Driving electric is no longer just for climate-conscious car buyers. The EV market has experienced dramatic growth over the past few years, with more than 8 percent of new retail registrations coming from EV buyers in 2023, according to Experian At the same time, electric vehicle options continue to diversify and now include a wide selection of styles, financing and price points. Driving electric also comes with many money-saving perks. Besides the obvious — saving on the cost of gas — there are electric car tax credits for those who purchase an electric vehicle. Depending on your home state, owning an electric vehicle can save you thousands. What is the EV tax credit? The EV tax credit is a financial incentive built by the
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