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Due to the price increase, the Tesla Model 3/ModelY sold in the United States will be eliminated from subsidies

According to media reports, due to Tesla's recent "inflationary pressures" and multiple price increases, Tesla's main mass-market Model 3 and Model Y will be cut from the California Clean Car Rebate Project (CVRP), a representative of the CVRP program said that the price of the Model 3 exceeded the organization's proposed retail price cap for the car launched in February by $45,000 (about 286,000 yuan), and the Model Y also exceeded 60,000 The price threshold for SUVs in US dollars (about 381,000 yuan). However, the representative said: "Any customer who orders a vehicle on March 15 or before orders is still eligible for a credit of $2,000 (approximately $12,700)." ”

Due to the price increase, the Tesla Model 3/ModelY sold in the United States will be eliminated from subsidies

According to the report, earning CVRP points is not a simple process, for vehicles eligible for CVRP points, eligibility is based on the recommended retail price of the car's basic model, such as the $70,000 Ford Mustang Mach-E GT Performance will still be subsidized because the basic Version Of Mach-E is less than the recommended retail price of $60,000, but even the most affordable Model Y Base Edition models are currently available. Even without considering any additions to it, it already fetches $62,990, making tesla's Model Y models unsubsidized.

Due to the price increase, the Tesla Model 3/ModelY sold in the United States will be eliminated from subsidies

CVRP representatives said that Tesla customers had made a large number of phone calls to ask questions about these changes after Musk announced the price increase, and Tesla customers were also told that they would be disqualified from receiving the federal electric vehicle tax credit, which is worth $7,500 (about $47,700), mainly for those cars that have not sold more than 200,000 cars, as for this week, the Polestar 2, which began accepting reservations, due to its base price of more than $45,000, CVRP points are not eligible, but since Polestar has not yet sold 200,000 units, customers will be eligible for a $7,500 (approximately $47,700) subsidy.

Due to the price increase, the Tesla Model 3/ModelY sold in the United States will be eliminated from subsidies

Although Tesla is no longer eligible, if the price of the basic version of the Model 3 drops below $45,000, then Tesla can still regain the CVRP subsidy, but since the outbreak, the supply chain shortage including semiconductors and chips has been in high demand, which will inevitably lead to an increase in vehicle costs, so tesla is difficult to reduce its vehicle pricing in this situation.

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