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Tesla’s Model 3 Long Range Now Qualifies for Full $7,500 Federal Tax Credit, Starting at $34,990

(photo: Electrek)

Tesla’s Model 3 Long Range now qualifies for the full $7,500 federal tax credit.

Tesla’s Model 3 LR Qualifies for Full $7,500 Federal Tax Credit

Tesla Inc. (TSLA) announced that the Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the U.S. This makes the Model 3 LR more affordable potentially dropping its price to $34,990 with the tax credit and estimated gas savings and boosting its appeal to more buyers, according to the report of Benzinga.

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(photo: Teslarati)

Tesla’s Model 3 LR Now Eligible for Full $7,500 Tax Credit, Making it More Affordable and Competitive

Tesla now offers the full $7,500 tax credit on the Model 3 Long Range, making it more competitive and appealing. This change corrects the previous imbalance where only the Performance Model 3 qualified for the full credit.

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