> Electric vehicle tax incentives changing in 2024
Electric vehicle tax incentives changing in 2024
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If you're looking to buy an electric vehicle, there are some things to consider when deciding whether or not to get one now before the end of the year or wait until 2024.
As electric vehicles continue to evolve, so too are the tax incentives that come along with them.
For example, if you look up Tesla's Model 3, on Tesla.com, you may notice a message stating the $7,500 federal tax credit could be reduced by half in 2024.
"The tax incentive for alternative fuel vehicles is always shifting and moving around,” said Karl Brauer, an executive analyst at iseecars.com, an online automotive search engine and research website.
MORE: https://www.cbs8.com/article/news/local/electric-vehicle-tax-incentives-changing-in-2024/509-8b85c780-a138-4f65-bedf-2f6daa749590