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That's super helpful. Do you know if the 5% language existed before Aug 16? I assume, yes and was missed by Rivian's legal team, but i'm hoping it was added after the fact since so much of this bill's detail was still being written.

August 10, 2022 Here's the verbage. Apologies for the formatting. Copy/Pasting from a PDF removes all formatting). If you read it it's not exactly a concrete agreement but it's concrete enough to form a binding agreement IMO (i'm neither an accountant nor a lawyer! haha) RIVIAN BINDING...

That's an interesting question. I, too have to chat with my CPA. I'm not sure if you have to take the tax credit on the date of purchase Aug 22' or if it's on the date you disperse the cash which could be 2023/24. Then do you have to amend the 22 tax return? I have zero clue what's the right...

i don't mean to add further variables but it's my understanding that if you signed the purchase contract in Aug 2022 you are eligible via the old rules (e.g. $7500, no income limit) even if the vehicle isn't delivered in 2022. Someone correct me if i'm wrong. I'm clarifying this because this...