Tesla new Model 3 Performance qualifies for full $7,500 EV tax credit

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ The article reported that Tesla new Model 3 Performance which is launching today, qualifies for the full $7,500 Federal EV tax credit in the U.S. This means the car costs just $45,490 including the credit, making it BY FAR the best value Performance car on the market. Deliveries start in May.

0-60 mph in 2.9

510 hp / 741 Nm

163 mph top speed

Performance-tuned chassis Same quiet & comfortable cabin plus bespoke chassis hardware for improved stiffness and higher performance baseline. More power, lower energy consumption New Performance 4th gen drive unit can deliver: +22% continuous power +32% peak power +16% peak torque

My take: This implies that Tesla can increase EV delivery and margin compared to its competitors.