Tesla benefits from new incentive program that's active after tax credit loss

"Tesla benefits from an incentive program in Texas that has become active following the loss of the $7,500 EV tax credit, which was a significant advantage for EV drivers. In Texas, the State Commission on Environmental Quality has a grant program for light-duty motor vehicles that are either purchased or leased by consumers. Referred to as the Light-Duty Motor Vehicle Purchase or Lease Incentive Program (LDPLIP), the program opened on October 13 and provides grants for consumers who want to buy new energy vehicles."

"The program allows for grants of up to $2,500 for electric or hydrogen fuel cell vehicles. These are the eligibility criteria: Individuals or entities who purchase or lease an eligible vehicle on or after September 1, 2025, and who apply for or acquire title and registration of the vehicle in Texas Applicants must have taken possession of the vehicle before applying Applicants must commit to operating and registering the vehicle in Texas for at least one year"

"The good news is that Tesla's entire vehicle lineup, as of October 7, qualifies. Here is what the LDPLIP's list of qualifying vehicles shows for Tesla: Tesla Cybertruck AWD Tesla Cybertruck Beast Tesla Model S AWD Tesla Model S Plaid Tesla Model X AWD Tesla Model X Plaid Tesla Model Y Long Range RWD Tesla Model Y Long Range AWD Tesla Model Y Performance Tesla Model 3 Long Range RWD Tesla Model 3 Long Range AWD Tesla Model 3 Performance"

The Texas State Commission on Environmental Quality operates the Light-Duty Motor Vehicle Purchase or Lease Incentive Program (LDPLIP) offering grants for new energy vehicles. Grants of up to $2,500 are available for electric or hydrogen fuel cell vehicles. Eligible purchases or leases must occur on or after September 1, 2025, with title and registration in Texas; applicants must have taken possession before applying and must operate and register the vehicle in Texas for at least one year. Vehicles must appear on the TCEQ Eligible Vehicle List, be new with no prior retail sale or lease, and have a GVWR of 10,000 pounds or less. Awards are granted on a first-come, first-served basis, and Tesla’s entire lineup qualified as of October 7.

Read at TESLARATI