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Gov. Gavin Newsom of California said he'd restart a rebate program if Trump ended the federal EV tax credit, but Tesla models could be excluded. California proposes its own EV-buyer credit ...
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.
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 ...
Tesla accounted for 56 percent of new EV sales in California during this year’s third quarter. Newsom’s office has not yet confirmed that Tesla would be carved out from the program.
Rep. Ro Khanna (D-Calif.) criticized California for a recent proposal that would cut Tesla out of receiving electric vehicle (EV) credits during a Tuesday appearance on CNBC. “California having ...
Tesla is currently offering a $2,410 incentive for the Model 3 RWD in Southern California, meaning the price for this car including all tax incentives drops it to an astounding $22,830 if the ...
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In California, where 47% of registered voters are Democrats compared to 24% who are Republicans, Musk’s antics may be particularly unappealing. To be sure, this is only an early indicator that ...