Does Tesla stock surge higher as Model Y EV tax credit eligibility is increased by the IRS?

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The Internal Revenue Service (IRS) recently expanded the eligibility requirements for a tax credit on the purchase of.

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Tesla's Model Y electric vehicle, which sent the company's stock soaring.

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The tax credit for electric car owners has specifically been expanded to include owners with adjusted gross incomes up to.

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$150,000, thus expanding the pool of consumers who are eligible for this credit.

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This new rule, which the IRS announced on October 23rd, would surely increase Tesla sales and raise the value of the.

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company's shares. In addition, Tesla has stated that it would introduce new autonomous driving technology this year,

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which will certainly influence the performance of the Tesla.

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stock. Overall, it seems that Tesla stock is in a solid position to do well over the near to medium term

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