Some further explanation...In order to get the full $7,500 tax credit on your 2023 taxes when filing in 2024, you need to have at least $7,500 in total federal tax obligation (people frequently confuse total federal tax obligation with the payment they might have to make when filing their tax forms - that last payment is just a true-up and not an indication of what your full federal tax obligation is). I know more than one person who purchased a Tesla Model 3 under the previous tax credit, but they didn't have the full $7,500 federal tax obligation. So you can only get the amount of the tax credit that would offset your federal tax obligation. It might be $5,000, it might be $6,200, etc. There is no carryover for the tax credit, so if your federal tax obligation is less than $7,500, you don't get to claim the balance of the $7,500 in a future tax year.