Purchasing a CyberTruck for my business

[Rick Anderson]

How do I go about buying a cyber truck for use in my business? what rebates are available? Does the $7500 credit still an option? Does Colorado have any rebates? I have so many Questions.

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[Gigahorse]

(Not tax or financial advice)
On your own for CO.
For a business assuming Scorp etc. Buy the vehicle in the business name, make SURE tesla reports the sale then drive it for 50%+ business use for 2026. Have your CPA file for the commercial clean energy credit, save $7,500 on taxes IF your business has that much of a tax burden.

Did I mention to make sure Tesla reports the sale?????? Otherwise, as some people have posted, the IRS will reject the tax credit form.

If it was me I would NOT leave the tesla showroom until they showed proof it had been submitted, because after that good luck getting someone on the phone to do it etc.

 

[johnnykabq]

Be sure to take the 179 deduction.

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