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Tax Credits for Electric Vehicles (2020, 2021)
Tesla was the first manufacturer to reach this limit back in July 2018. That’s why from January 1 st to June 30 th, 2019, the tax credit has decreased by $3,750. After July 1 st until the end of the year, the credit is only worth $1,875. From 2020, you won’t be able to claim tax credits on a Tesla.
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