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Tesla raises Model Y prices by $1,000 after U.S. relaxes tax credit terms

The models remain 15% and 17% cheaper, respectively, than they were before Tesla slashed prices last month to stoke demand, before accounting for the $7,500 tax credit buyers now qualify to receive. In a reversal, the Treasury Department ruled on Friday that crossovers like the Model Y would qualify for electric vehicle tax credits as long as they were priced below $80,000.
United States Treasury Department Tesla Inc Modely Long Range Modely Performance General Motors

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