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California Gov. Gavin Newsom may exclude Tesla and other automakers from an EV rebate program if the incoming Trump administration scraps a federal tax credit for EV purchases.
The Tesla CEO said on an earnings call in July that ending the federal tax credit might benefit the company. "I think it would be devastating for our competitors and for Tesla slightly," Musk said.
California Democratic Rep. Ro Khanna, whose district includes Musk’s Fremont factory, noted on X: “Tesla makes over 550,000 vehicles in Fremont in my district & employs over 20,000.
The "SCRAP-IT" rebate program currently brings the combined provincial incentives available to buyers of a qualifying new EV in BC to CA$11,000. There is an MSRP limit of CA$77,000. SCRAP-IT also introduced a home charging station program on October 18, 2018, called ZapBC. [241] This program covers the cost of a Level 2 ChargePoint charging ...
First, Californians who received Golden State Stimulus (GSS) I or II are expected to receive MCTR direct deposit payments between Oct. 7, 2022, and Oct. 25, 2022, with the remaining direct ...
Tesla shares closed down 4% to $338.59 and fell another 1.2% in after hours trading. ... he will propose creating a new version of the state’s Clean Vehicle Rebate Program that ended in 2023 and ...
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Tesla stock surged on Wednesday on news that consumers can now get a $7,500 federal EV tax credit for Model 3 sedans. ... Tesla has local incentives in states like California for specific vehicles ...