All of Tesla's Model 3 versions now qualify for the $7.5K US Federal rebate. That means you can get a Model 3 in some places (California being one) for under $30K after rebates. Pretty good for buyers, but what a waste of tax dollars.
Meanwhile the CEO of GM is suggesting that they're still pretty far off from being able to profitably produce a $30-40K EV, saying that cost parity with ICE cars could be up to 10 years away.
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