Tesla Cybertruck Gets Approval For $7,500 Federal Tax Credit, Here's What You Should Know

2023-12-11 124

According to the U.S. Department of Energy, as of December 7, 2023, two models of Cybertruck have been deemed eligible for the entire $7,500 incentive. These include the all-wheel-drive (AWD) variant as well as the high-end tri-motor Cyberbeast. However, the rear-wheel-drive model, which is slated for release in 2025, is not on the list yet. The tax incentive is solely for pickup trucks priced under $80,000, reported InsideEVs.