ArenaEV.com ArenaEV.com

Facebook

Twitter

Instagram

RSS

Settings
Units
Power
Standard
Consumption
Currency

Log in

Login

I forgot my password
Sign up
ADVERTISEMENTS

Tesla's battery shuffle is a clever move for tax credits

  • Post your comment

Max McDee, 28 June 2024

Tesla

In the latest twist, Tesla introduced a unique option for potential Model 3 and Model Y buyers: choosing their vehicle's battery supplier. This isn't all about preferences; it's all about the sweet $7,500 federal tax credit for EVs.

The latest federal regulations around EV tax credits mean not all Tesla models are created equal when it comes to eligibility. The rules now require a higher percentage of North American-sourced battery components, making some vehicle trims eligible and others not. Recognizing this, Tesla has deftly split its inventory into "Tax Credit Eligible" and non-eligible vehicles.

Tesla's battery shuffle is a clever move for tax credits

Vehicles with Panasonic cells, predominantly sourced from within North America, meet the tax credit criteria. Those with LG cells, don't quite make the cut. Tesla's new toggle on their inventory page lets shoppers filter by tax credit eligibility, streamlining the process for those seeking the rebate.

For Tesla, the move maximizes the number of vehicles that can be sold with the attractive incentive attached. For buyers, it simplifies the search for a car that aligns with their financial goals.

For those whose income exceeds the tax credit's threshold ($150,000 for individuals, $300,000 for joint filers), the choice becomes a bit more nuanced. While they can't claim the credit regardless of the battery supplier, the Panasonic cells are rumored to have a slight edge in charging speed over the LG ones. It's a marginal difference, but for some EV enthusiasts, every minute at the charging station counts.

Tesla's battery shuffle is a clever move for tax credits

Tesla hasn't officially commented on the performance difference between the two battery types, and real-world data is still limited. However, anecdotal reports from some Model 3 and Model Y owners suggest that Panasonic-equipped vehicles have a slight advantage in charging speed. Our real-life Tesla Model 3 LR range test provides more on the actual range you can go per charge.

Source

Related articles
  • Tesla's growth hits a snag as deliveries tumble 13% in second quarter Tesla's growth hits a snag as deliveries tumble 13% in second quarter
  • Tesla's new factory promises cheaper batteries for more affordable EVs Tesla's new factory promises cheaper batteries for more affordable EVs
  • Tesla slams brakes on rumor of hiring ex-Cruise executive Tesla slams brakes on rumor of hiring ex-Cruise executive
  • Tesla shakes up leadership as sales are tumbling Tesla shakes up leadership as sales are tumbling
  • Post your comment
Total reader comments: 0

  • Home
  • Compare
  • News
  • Terms
  • Reviews
  • About us
  • Tesla
  • Volkswagen
  • Audi
  • Porsche
  • BMW
  • Mercedes
  • Hyundai
  • Kia
  • Genesis
  • Renault
  • Nissan
  • Ford
  • Volvo
  • Polestar
  • Jaguar
  • Toyota
  • Mazda
  • Mini
  • MG
  • Vinfast
  • Lucid
  • Rivian
  • Cadillac
  • Chevrolet
  • GMC
  • Subaru
  • Nio
  • Xpeng
  • BYD
  • [..]

EV finder

ADVERTISEMENTS

Latest models

  • ModelXiaomi
    YU7 Max
  • ModelNissan
    Leaf 75kWh
  • ModelTesla
    Model S Plaid
  • ModelNissan
    Micra EV 52kWh
  • ModelTesla
    Model X Plaid
  • ModelGenesis
    GV60 Performance AWD

Featured

  • Grand test: Which is the fastest EV? Grand test: Which is the fastest EV?
  • AC/DC - basics of EV charging explained AC/DC - basics of EV charging explained
  • EV vs ICE - differences and similarities EV vs ICE - differences and similarities
  • 57 electric cars range tested at highway speeds - who wins? PART 2 57 electric cars range tested at highway speeds - who wins? PART 2
  • Can hydrogen fuel cells replace EV batteries? Can hydrogen fuel cells replace EV batteries?
ADVERTISEMENTS

Reviews

  • Mini Countryman SE ALL4 review Mini Countryman SE ALL4 review
  • Nissan Ariya review Nissan Ariya review
  • Hyundai Ioniq 5 N review Hyundai Ioniq 5 N review
  • Ora 03 (Funky Cat) review Ora 03 (Funky Cat) review

Home News Compare About us RSS feed Facebook Twitter Instagram

© 2022-2025 ArenaEV.com Mobile version EV Finder Glossary Privacy Terms of use

From the team behind
GSMArena.com