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California may exclude Tesla from EV rebate program
TSLATesla(TSLA) Fox Business·2024-11-26 17:05

California Gov. Gavin Newsom may exclude Tesla and other automakers from an electric vehicle (EV) rebate program if the incoming Trump administration scraps a federal tax credit for electric car purchases. Newsom proposed creating a new version of the state’s Clean Vehicle Rebate Program, which was phased out in 2023 after funding more than 594,000 vehicles and saving more than 456 million gallons of fuel, the governor’s office said in a news release on Monday."Consumers continue to prove the skeptics wrong ...