Tesla offers rare year-end discounts on 2023 Models 3 and Y
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Tesla Inc. is offering rare discounts through year's end on its two top-selling models, an indication that demand is slowing for its electric vehicles.
The Austin, Texas, company started offering a $3,750 incentive on its 2023 Model 3 sedan and Model Y SUV on its website earlier this month, but on Wednesday doubled the discount to $7,500 for those who take delivery between now and December 31.
The move comes ahead of a new federal tax credit of up to $7,500 that's scheduled to take effect January 1. Teslas weren't eligible for a previous federal tax credit program because the company had reached a limit of 200,000 vehicles sold. Next year's credits don't have such a limit.
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