
The federal government confirmed the announcement on its website. Tesla stock is on track for its ninth straight day of gains, its longest winning streak since January 2021.Įarlier this week Tesla announced on its website that all versions of the Model 3 sedan now qualify for the full federal EV tax credit of $7,500 previously the cheaper Model 3 Rear-Wheel Drive (RWD) version qualified for half the amount.

Tesla stock ( TSLA) is surging today, up as much as 4% in early trading and hitting highs not seen since early October of last year, as investor bullishness grows following news that all Model 3 sedans now qualify for the full federal electric vehicle tax credits.
