As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal

A dealer can apply the tax credit to any leased electric vehicle, no matter where it's made, to reduce a customer's monthly payment.

The Treasury Department has confirmed the Tesla Model 3 is eligible for the full $7,500 electric vehicle tax credit. In the state of California, that makes it less expensive than the gas-powered Toyota Camry,

Changes to Tesla's battery supply chain has brought the electric automaker's Model 3 within the guidelines qualifying it for federal tax credits.

Tesla has made significant changes to its battery supply chain, enabling all versions of the Model 3 to qualify for tax credits.

Should you buy a Camry, or should you buy a car from Elon Musk? If you’re shopping on price alone and live in California, the choice might become a lot simpler after this news. Reuters recently reported that the Model 3 can become less expensive than a new Camry if buyers can capitalize on federal and California state incentives.