Electric vehicle incentives are available to those who purchase a new Tesla vehicle. A $7,500 federal income tax credit is available to all customers and several states offer additional incentives, often taking the form of a rebate. Rebates can be claimed immediately after purchase, while tax credits are claimed when filing income taxes.
Many states also offer non-cash incentives, such as carpool lane access in California and free municipal parking.
|All states||$7,500 income tax credit|
|Arizona||Reduced Vehicle License Tax, Carpool lane access and reduced rates for electric vehicle charging|
|Colorado||$5,000 tax credit|
|Hawaii||Carpool lane access and reduced rates for electric vehicle charging|
|Louisiana||$6,900 - $9,500 income tax credit, depending on battery choice|
|Maryland||Funding exhausted for Plug-In Vehicle Excise Tax Credit
$900 rebate on wall connectors and installation
|Massachusetts||$1,000 rebate (funds limited)|
|Nevada||Carpool lane access and reduced rates for electric vehicle charging|
|New Jersey||Sales tax exempt|
|Oregon||$750 rebate on wall connectors and installation (more for commercial use)|
|Pennsylvania||$2,000 rebate (first 250 applicants only)|
|Rhode Island||$2,500 rebate|
|Utah||$1,500 income tax credit and carpool lane access|
|Washington DC||Excise tax exempt|
|Ontario||$3,000 rebate* and carpool lane access
Up to $1,000 rebate on Wall Connector and installation
Between $6,000 and $8,000 when leasing
Up to $600 rebate on Wall Connector and installation
* Not available for P100D
All of the above incentives are available when purchasing a Tesla vehicle with cash or a loan. Only California, Colorado, Massachusetts, Ontario, Québec and Tennessee incentives are available when leasing a Tesla vehicle.
Incentive programs are offered and administered by government agencies. Eligibility and availability vary and are outside of Tesla’s control. Most programs are limited to a total dollar amount that can be dispersed or will expire on a certain date. Be sure to visit the state program’s website for the most up-to-date information on availability and redemption requirements.
Your eligibility for income tax credits depends on your personal tax situation. We recommend speaking with a tax professional for guidance.