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Tesla Cybertruck claims $7500 federal tax credit

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Tesla Cybertruck

Tesla has officially announced that the Cybertruck electric pickup truck is now available with a $7500 federal tax credit, providing a big relief for new customers.

This offer applies with an $80k price ceiling, which means, you can claim it with an all-wheel drive version priced at $79,990. After-tax credit, this price will go down to $72,490. On the other hand, the Cyberbeast version remains at a $99,000 price point.

You should know that this electric truck must be purchased with its base accessories. Any other interior and wheel covers will increase the purchase price and take it off the federal tax credit ceiling guideline.

However, you can increase the discount up to $1000 by using a referral link from a family, friend, or anyone online to cut the final price to $71,490.

Tesla announced $7500 federal tax credit qualification for Cybertruck

Tesla announced a $7500 federal tax credit qualification for Cybertruck (Source – Tesla)

Along with this new announcement, the company has launched a non-foundation series Cyebrtruck in Canada and Mexico, allowing a lower-priced version to be purchased in these two US neighbor countries.

The federal tax credit follows the leasing price reduction on the all-wheel drive version, taking it down to $749 per month. This term applies for 36 months.

Cybertruck is a stainless steel build, electric pickup truck, launched in late 2023. The company has sold thousands of units with foundation series and last year introduced an all-wheel drive with 325 miles of EPA estimated range, 11,000 lbs towing capacity, and 0-60 mph acceleration in 4.1 seconds.

You can check more information about this truck on the official Tesla website.

Timothy started learning about game development and electronics at the age of 17. After involvement in different projects, he switched to Android app development and began pursuing smart hardware mechanics. Later on, he became fond of writing and tech journalism. Timothy covers major topics about internet personality, business, EV, Space, Social Media, and more. He loves to watch survival videos and try to find out new facts about the ocean and animals.