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Tesla has made changes to its battery supply chain that bring some of its vehicles within the guidelines qualifying them for federal U.S. credits.
Tesla's Model 3 vehicles now qualify which could lower its price to less than that of a Toyota Camry.
The Biden administration on Tuesday confirmed that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two of the three versions were eligible for half the credits.
New battery rules went into effect in April that lowered the credit of the Model 3 Standard Range Rear-Wheel Drive and Long Range All-Wheel Drive to $3,750.
TESLA OWNERS SUE CLAIMING SOFTWARE UPDATE KILLED EV BATTERY LIFE
Tesla Model 3 vehicles are shown for sale at a Tesla facility in Long Beach, California. (REUTERS/Mike Blake / Reuters Photos)
The government confirmed the change on its fueleconomy.gov website.
A Model 3 starts at $40,240 and the price may fall to $25,240 when the $7,500 federal tax credit and another $7,500 from the California tax rebate kick in, depending on income and other requirements.
Toyota's Camry is listed at $26,320 and higher.
TESLA RAISES US PRICES FOR MODEL S AND X VEHICLES, REVERSING SIX CONSECUTIVE PRICE CUTS
Tesla CEO Elon Musk alongside the electric automakers logo. (Getty Images/AP / Getty Images)
In March, the Treasury Department outlined the sourcing requirements for critical minerals and battery components automakers must use in EV batteries to ensure eligibility for the full $7,500 credit.
The Inflation Reduction Act President Biden signed into law in August was crafted to bolster domestic EV battery supply chains and reduce reliance on hostile nations like China.
A Tesla electric car sits in a charging station at a dealership. (AP Photo/Steven Senne / AP Images)
BIDEN ADMIN MOVES TO LIMIT EV TAX CREDIT ELIGIBILITY IN POTENTIAL BLOW TO CLIMATE AGENDATicker Security Last Change Change % TSLA TESLA INC. 221.31 +3.70 +1.70%
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Tesla may have dropped CATL in favor of Panasonic or LG Energy Solution for U.S.-made Model 3 Rear-Wheel Drive, the cheapest version, Benchmark Mineral Intelligence (BMI) analyst Caspar Rawles said.
The agreement has sparked celebrations in Pakistan, with people in many cities, including Lahore, taking to the streets. Chants of “Pakistan Zindabad” – “Long Live Pakistan” in English – are ringing out.
But the deal doesn’t undo the events of the past two weeks, which will continue to weigh heavily on the minds of many here.
The military action has been the most significant between the countries in decades and dozens have died on both sides.
More on India
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0:42
Pakistan fires missiles at India
Just this morning, Pakistan inflicted some serious damage to India’s military sites and New Delhi did not waste time responding with further strikes.
It was a reminder, for many, of the uncertainty of the situation between India and Pakistan.
Image: A house damaged in Indian shelling, in Shah Kot, in Neelum Vallery. Pic: AP/M.D. Mughal
Representatives from each country will speak again on Monday and even with the strikes halted, for now, the next 48 hours will be a very testing moment.
Both sides have often shown striking strategic restraint. And in the past fortnight, neither has launched a full-scale attack.
But their enmity has been enduring, and even with the agreement in place, it feels a bit complacent to assume India and Pakistan will just walk back from the brink.
What will the series tally be in Caps-Canes when it heads back to D.C. — and will the Knights win at least one in Alberta so they even see a Game 5 back in Las Vegas?
Read on for game previews with statistical insights from ESPN Research, a recap of what went down in Friday’s games and the three stars of Friday from Arda Öcal.
With the Canes and Capitals tied up 1-1 heading to Raleigh for Games 3 and 4, ESPN BET has Carolina as the -215 series favorite. Washington is +180 to win the series.
Capitals defenseman John Carlson scored a power-play goal in Game 2, his 13th career playoff power-play goal, which breaks a tie with Brian Leetch for third for such goals by an American-born defenseman. He still trails Chris Chelios (14) and Brian Rafalski (17).
For the first time in his postseason career, Tom Wilson reached all of these thresholds: 2 points, 3 shots on goal, 2 hits and 2 blocked shots. His seven points this season is the most he has had in a playoff run since the Cup-winning year of 2018 (15).
The Hurricanes have not held an in-game lead since Game 4 of the first round against the Devils. They won the series in Game 5 in a double-overtime game, then won Game 1 of this series 2-1 in OT after trailing 1-0. Since that lead in Game 4 of the first round, they have trailed for 89:28 and been tied for 117:55.
Among qualified goaltenders this postseason, Frederik Andersen leads by a wide margin in goals-against average (1.55), and is second in save percentage, at .930. The netminder ahead of him in SV%? Washington’s Logan Thompson.
Following two wins by the Oilers in Vegas, ESPN BET now lists Edmonton as the -550 favorites to win this series, with the Golden Knights at +380. Edmonton is also the current favorite to win the Cup, at +300, narrowly ahead of the Stars, at +325. Vegas is now +1800, the longest odds of any team remaining in the playoffs.
Leon Draisaitl and Connor McDavid combined to score the game-winning OT goal in Game 2. It was the second OT goal this postseason for Draisaitl, and he is now tied for the most such goals in a single postseason in Oilers history with Esa Tikkanen in 1991.
McDavid is second among playoff scorers with 14 points through eight games, trailing only Mikko Rantanen‘s 15. McDavid’s 1.75 points per game this postseason is ahead of his rate in playoff seasons past (1.58) and well ahead of his rate during last year’s run to the Stanley Cup Final (1.36).
Victor Olofsson had two goals and an assist in a losing effort in Game 2. Both goals were on the power play, and he joins Jack Eichel as the only players in Knights history with multiple power-play goals in a single playoff game.
Speaking of Eichel, he finished with three assists, joining Shea Theodore and William Karlsson as the only players in Knights history with two three-assist playoff games on their résumé.
Öcal’s three stars from Friday
After a rough first round against the Blues, Hellebuyck shut out the Stars in Game 2. He made 21 saves en route to the fourth clean sheet of his postseason career.
Ehlers had his second career multigoal game and added an assist in a big Game 2 effort that tied Winnipeg’s series with Dallas 1-1.
The former Bruin continues to haunt the Maple Leafs, this time with the overtime winner to get the Panthers on the series board at 2-1. It was his fourth career playoff OT goal, and he extended his own NHL record for most consecutive postseasons with a game-winning goal (nine).
Toronto entered with a 2-0 series lead and got out to a 2-0 start in the game as well, with goals from Matthew Knies and John Tavares, before Aleksander Barkov drew the Panthers back to within a goal with his third goal of the postseason. Tavares added a power-play tally at 2:52 of the second period on a slick deflection, before the Panthers ripped off two goals in quick succession to tie the score. The first was thanks to Sam Reinhart poking the puck in during a wild scramble in the Leafs’ crease, the second after a superb pass from Sam Bennett to Carter Verhaeghe. Jonah Gadjovich put the home squad up 4-3, but Morgan Rielly tied things up midway through the third. It took until the final five minutes of the first OT, but Brad Marchand came through with another game-winning goal. Full recap.
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1:30
Brad Marchand’s OT winner sparks pandemonium from Panthers crowd
Brad Marchand scores a massive overtime goal to deliver the Panthers a 5-4 win over the Maple Leafs.
If this is the kind of goaltending the Jets will now get from Connor Hellebuyck, the Stars (and the rest of the NHL) are in trouble. Hellebuyck stopped all 21 shots sent on the Jets’ goal en route to his fourth career postseason shutout. On the offensive side, Gabriel Vilardi and Nikolaj Ehlers got the party started in the first. Adam Lowry added his fourth goal of the postseason in the second, and that 3-0 lead stood until 16:20 of the third, when Ehlers capped off the festivities with an empty-net goal. Full recap.
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0:26
Nikolaj Ehlers rolls in an empty-net goal for Winnipeg
Nikolaj Ehlers scores his second goal of the game to pad the Jets’ lead late in the third period vs. the Stars.
Kristen Shilton is a national NHL reporter for ESPN.
FORT LAUDERDALE, Fla. — Maple Leafs goaltender Anthony Stolarz continues to work his way back but doesn’t appear close to a return in Toronto’s second-round Eastern Conference playoff series against the Florida Panthers.
“He’s progressing in the right direction,” Maple Leafs coach Craig Berube said Saturday. “But he has not skated yet [since getting hurt].”
Stolarz was injured during Game 1 on Monday. The goaltender took a puck off his mask and an elbow to the head from Panthers forward Sam Bennett in the second period, exiting shortly after the Bennett hit. Stolarz, who was ill on Toronto’s bench before he left the game, was later transported to a hospital for evaluation.
The veteran was able to rejoin his teammates Tuesday at their facility but did not travel with the Maple Leafs to Florida ahead of Friday’s Game 3.
Joseph Woll took over the starting duties from Stolarz and helped stake Toronto to a 2-0 lead in the best-of-seven series. But Woll struggled in Game 3, recording an .861 save percentage as the Panthers mounted two multigoal comebacks to down the Maple Leafs 5-4 in overtime.
Berube said after the loss that he “thought [Woll] was really good” but that he didn’t love when Panthers fourth-liner Jonah Gadjovich beat the goaltender cleanly from outside the right faceoff circle to give Florida its first lead of the game at 4-3.
Woll also has been adjusting to playing the puck amid Florida’s smothering forecheck.
“They rim a lot of pucks,” Woll said Friday. “I’m just trying to do my best to help us break out.”
Florida hasn’t made it easy on Toronto in that respect. Berube anticipates Woll can learn from Friday’s mistakes and improve, though.
“It’s difficult,” Berube said. “A lot of those rims are up; they’re not on the ice. And that’s designed. If they can get a good lick on it, they’re going to get it on the glass. It’s pretty tough for him to come out and play those. He did get to a lot of them. But they’re coming hard. He’s going to have to move it quick.”