Prospective Tesla Model 3 Buyers Are In For A Price Jump: Here’s Why

Last week, Tesla confirmed that it is reducing the Federal EV tax credit on the Tesla Model 3 RWD and Long Range versions delivered after December 31, 2023, from $7,500 to just $3,750. Today, the company went back on this, saying that the Model 3 RWD and Long Range would now receive no tax credit whatsoever as of January 2024, dumping even the reduced amount. Tesla unceremoniously announced this decision via its official Twitter handle.  Unfortunately, the federal $7500

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