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To be clear, the language you are specifically talking about is the IRS guidance language issued in the last hour?

Can any tax lawyers comment on how this applies to the Rivian agreement? “What Is a Written Binding Contract? In general, a written contract is binding if it is enforceable under State law and does not limit damages to a specified amount (for example, by use of a liquidated damages provision or...

? What was your order date?

“Not much” being said is generous!

Share your config / order info and we might give you some answers ;)

There is no 12/31/23 deadline.

No email here yet- 2 preorders.

To have a chance of getting the full $7,500, yes.

Submitted!

Thank you to everyone who emailed and called!!

The IRA is the reconciliation bill.

“Go be poor somewhere else“

Nope, battery and component restrictions start in 2023.

Feature, not a bug. Manchin got what he wanted.

Unfortunately no. Different components have different effective dates. Default date for all provisions (MSRP cap, Income limits): 12/31/22. Exceptions: (2): Assembly in USA requirement: applies to old credit upon bill signature (date of enactment). (3): Battery mineral origins and battery...

I guess it’s possible, but the odds are so small I couldn’t even dare to hope.

See the transition rule. It would absolutely apply / help in rivians case. Does not help Tesla as they have already used up 200,000 credits.

Not a question of need. People make all kinds of decisions for all kind of reasons. The fact that people would presume to know anyones situation, rationale or values is insane.

Please do. I will definitely add the non-refundable deposit offer as well, great idea.

If the $7500 tax credit is valuable to you, please let Rivian know. It will not be available very soon unless you have a written, binding agreement. [email protected] [email protected] RJ, Unfortunately, congress has pulled out the rug on the commitment they made to start-up...