Tesla's Cybertruck All-Wheel Drive Now Eligible For $7,500 EV Tax Credit

Quick Summary:

What Happened: Upon taking delivery of the Cybertruck this year, customers can get an EV tax credit of $7,500 on both the dual motor variant and the single motor variant of the stainless steel truck.

Tesla is yet to start production of the single-motor variant of the truck but it will qualify for the tax credit once the company starts selling it.

With the tax credit, the effective starting price of the Cybertruck all-wheel variant will go down to $72,490 for those who qualify.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: Electric vehicles Benzinga Cybertruck News Tech KeyProj Mobility EVs TSLA US88160R1014

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 09:42:29 (2 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 24815256

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