Tesla says Model 3, Model Y tax credits likely to be reduced by 2024

Tesla said the $7,500 federal tax credits for its Model 3 and Model Y electric vehicles are likely to be reduced after December 31, according to a change on the automaker’s website late Tuesday.
“Customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible for a tax credit up to $7,500,” the website reads. “Reductions to current federal tax credit likely after Dec 31.”
The EV tax incentives, in addition to Tesla’s many price cuts, have helped the automaker hit record delivery numbers. If Tesla were to lose tax credits,

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