Federal Tax Credit Ends September 30

Get $7,500 for new vehicles and $4,000 for used vehicles with the federal tax credit until September 30, 2025, if eligible. Explore qualifying Tesla vehicles and take delivery before the credit expires.

Federal Tax Credit Ends September 30

Get $7,500 for new vehicles and $4,000 for used vehicles with the federal tax credit until September 30, 2025, if eligible. Explore qualifying Tesla vehicles and take delivery before the credit expires.

New Vehicles

Get $7,500 credit off the purchase price of eligible new vehicles, applicable to both cash and financing purchases. Eligibility may vary depending on your Adjusted Gross Income (AGI).1

Model 3

New vehicle MSRP must be under $55,000. 

  • Model 3 Performance 
  • Model 3 Long Range All-Wheel Drive 
  • Model 3 Long Range Rear-Wheel Drive

Model Y

New vehicle MSRP must be under $80,000. 

  • Model Y Performance 
  • Model Y Long Range All-Wheel Drive 
  • Model Y Long Range Rear-Wheel Drive 
  • Model Y Long Range All-Wheel Drive (2026 model year)  
  • Model Y Long Range Rear-Wheel Drive (2026 model year)  
  • Model Y Launch Series Long Range All‑Wheel Drive (2026 model year)  

Cybertruck

New vehicle MSRP must be under $80,000.

  • Cybertruck All-Wheel Drive (2025 model year vehicles) 
  • Cybertruck Long Range  

When and How to Claim Your Tax Credit

Once your eligibility is verified, you may elect to apply the EV tax credit to reduce your final vehicle payment or you may claim the credit on your tax return.

Your Clean Vehicle Report is available in your Tesla Account, which is a necessary document to claim your EV tax credit on Form 8936. You will need to report the credit on your tax return whether you applied the credit to reduce your final vehicle payment or not.