@dbrown2821: A new bill could significantly reduce the price of a Tesla Model Y to under $25,000. The 21st Century Vehicle Choice Act, introduced by Rep. Greg Landsman and supported by over 160 House Democrats, aims to revive and double the EV tax credit. Key details: * **New EVs:** Federal credit would increase from $7,500 to $15,000. * **Used EVs:** Credit would increase from $4,000 to up to $8,000. * **Permanence:** Both credits would become permanent. For a $39,990 Tesla Model Y, this means a potential cost of $24,990 after the full credit. Used EVs could also see substantial savings. However, eligibility still depends on battery and critical mineral sourcing rules, along with income limits ($225,000 for married couples, $112,500 for single filers). Despite Tesla's strong performance without incentives (54% of US EV sales in Q3 2026), a larger credit could boost demand even further. While the bill faces challenges, its passage could be a game-changer for EV affordability. #EVTaxCredit #TeslaModelY #ElectricVehicles #NewLegislation #AffordableEVs

dbrown2821

Open In TikTok:

Region: US

Saturday 31 October 2026 01:11:19 GMT