Federal Tax Credit Ends September 30
Order by September 301 and take delivery later to qualify for $7,500 on new vehicles and $4,000 for pre-owned vehicles.
Order by September 301 and take delivery later to qualify for $7,500 on new vehicles and $4,000 for pre-owned vehicles.
Federal Tax Credit Ends September 30
Order by September 301 and take delivery later to qualify for $7,500 on new vehicles and $4,000 for pre-owned vehicles.
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).2
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
Pre-Owned Vehicles
Get a tax credit of up to $4,000, or up to 30% of the purchase price, whichever value is less, for eligible pre-owned vehicles, applicable to both cash and financing purchases. Eligibility may vary depending on your Adjusted Gross Income (AGI).3
Tesla vehicles with a total cost of $25,000 or less including transportation fee (if applicable) are eligible for the tax credit. For calendar year 2024, pre-owned vehicles must be 2022 model year or older.
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.
1 $7,500 federal tax credit available to eligible buyers who order a qualifying vehicle by September 30, 2025 and take delivery while the credit is still offered by the IRS. Leases not eligible. Not all model trims will qualify. MSRP cap of $80,000 for Cybertruck and Model Y; $55,000 for Model 3 applies. Consult a tax professional regarding your personal eligibility. Terms and conditions may change at anytime and the tax credit is not guaranteed. Tesla is not liable for any changes to the federal tax credit program that may impact your ability to claim this benefit and recommends taking delivery as soon as possible as the program is subject to end at any time without notice.
2 Additional eligibility criteria applies. For new vehicles, your Adjusted Gross Income (AGI) cannot exceed a certain limit based on your tax filing. Review the eligibility criteria.
3 Additional eligibility criteria applies. For pre-owned vehicles, your Adjusted Gross Income (AGI) cannot exceed a certain limit based on your tax filing. Review the eligibility criteria.
Tesla does not guarantee personal or vehicle eligibility or fund availability. This page is provided for educational purposes only. Tesla disclaims any warranties that the information provided is accurate or complete as the program is subject to change at any time. Leases not eligible. Consult a tax professional for details. Learn more about guidelines for pre-owned vehicles and business filers.