Federal EV Tax Credit

President Donald Trump officially signed the Big Beautiful Bill into law on the Fourth of July and it officially ended the lucrative $7,500 Federal EV credit on all EV purchases. However, the credit is still in effect till September 30. Here's how you can still claim it on your new EV purchase. How...

Tesla Inc’s (NASDAQ:TSLA) Cybertruck has secured the $7,500 federal tax credit for 2023. What Happened: According to the U.S. Department of Energy, as of December 7, 2023, two models of Cybertruck have been deemed eligible for the entire $7,500 incentive. These include the all-wheel-drive (...