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https://www.barrons.com/articles/tesla-stock-model-3-ev-tax-credit-16a5caca

Tesla Model 3 Could Lose EV Credit, Report Says. Confusion Around the Tax Break Continues.

By
Al Root
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Car companies loved it when the U.S. government rolled out its $7,500 tax credit for people who buy electric vehicles. Now the sector might not be so sure how it feels.

On Thursday, EV news outlet Electrek, citing people familiar with the matter, reported that Tesla (ticker: TSLA) expects its lowest-priced Model 3 sedan will lose eligibility for the full $7,500 tax credit, because the car uses LFP batteries sourced from China.

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