TESLA, GM, FORD EV BUYERS GET EXTRA BREATHING ROOM AHEAD OF TAX CREDIT EXPIRATION
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✍️ The IRS has clarified that the deadline for claiming the EV tax credit is not necessarily tied to delivery, allowing buyers to sign a contract and pay a deposit before the Sept. 30 deadline and still claim the credit.
👉 The IRS has clarified that the deadline for claiming the EV tax credit is not necessarily tied to delivery. 👉 Buyers can sign a contract and pay a deposit before the Sept. 30 deadline and still claim the credit. 👉 New EV sales surged in July, with 11 brands posting their best EV sales of the year. 👉 The EV market is likely to remain strong through the remainder of Q3, but sales may take a steep dive in Q4 once the tax credit is gone.
-- #StephanieValdezStreaty #JosephShapiro #HuntAllcott #FelixTintelnot #PrasSubramanian #business
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