Teslas, including the popular Model 3 and Y, was ineligible for a credit under the past structure since Jan. 2020, when the company reached the previous 200,000-vehicle limit per automaker. However, that limit will lift on Jan. 1, 2023, and Teslas will once again qualify for a tax credit, provided the company meets all other new requirements.
Consumers can enter a vehicle’s vehicle identification number into a US Department of Transportation website to see where its final assembly occurs to determine if the vehicle is eligible for tax credit under the new law.
