Tag Archives: Tesla’s Model 3 cheaper than Toyota’s Camry in California

SAN FRANCISCO/WASHINGTON: Tesla Inc’s (TSLA.O) rapid adjustment of its battery supply chain means all of its Model 3 vehicles qualify for federal U.S. credits that, along with other tax breaks, could lower its price to less than a Toyota (7203.T) Camry. The Biden administration on Tuesday confirmed that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after …

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