Tesla (NASDAQ:TSLA) has raised lease rates for all its U.S. models after the federal government’s $7,500 electric vehicle tax credit expired, according to details published on the company’s website Wednesday.
The adjustment comes in the wake of the expiration of incentives established under legislation approved by Congress, which ended on September 30.
Previously, the incentives included a $7,500 credit for new EV leases and purchases, as well as a $4,000 credit for used electric vehicles. The tax benefits had played a key role in encouraging EV adoption in the United States before their expiration.
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