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EV, Tesla and Newsom
‘Political stunt’: Tesla exclusion from state EV tax credit proposal pits San Jose mayor against Newsom
California Gov. Gavin Newsom announced a proposal Monday that would implement a state rebate for electric vehicle purchases in response to the incoming presidency of Donald Trump who will likely end the Biden-implemented federal tax credits.
Tesla would likely be excluded from new California EV tax credits, Newsom's office says
Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters reported this month.
Newsom said California would offer EV rebates if Trump cut them. Where would the money come from?
The funding could come from polluters under the state’s cap-and-trade program, which pays costs ultimately passed onto energy consumers.
18h
Tesla would likely be excluded from new California EV tax credits, governor's office says
Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if ...
5h
Elon Musk rips Calif. Gov. Gavin Newsom for ‘insane’ move to exclude Tesla from rebate plan
Trump previously vowed to end federal electric vehicle tax credits, which are worth up to $7,500 for new zero-emission vehicles.
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