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Tesla raises lease prices after federal EV tax credit expires

Tesla has raised lease prices for all its vehicles in the U.S. after a 7,500federaltaxcreditthathelpedboostelectricvehiclesalesexpired,accordingtothecompanyswebsiteonWednesday.MostReadfromFastCompanyThechangefollowstheendoftaxincentivesundersweepinglegislationpassedbyCongress,whicheliminatedthe7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. Most Read from Fast Company The change follows the end of tax incentives under sweeping legislation passed by Congress, which eliminated the 7,500 credit for new EV leases and purchases, as well as a $4,000 credit for used EVs, effective September 30. Tesla and its rivals had been passing these credits on to cu ...