Newsom Seeks $200 Million to Replace EV Tax Credits Cut by Trump
TeslaTesla(US:TSLA) Insurance Journal·2026-01-12 06:00

California Gov. Gavin Newsom is asking for $200 million to restart offering tax rebates for electric vehicles that are purchased in the state, making up for a similar federal program that President Donald Trump ended last year.The proposal would require approval from state lawmakers, who are set to negotiate the broader California budget ahead of a July deadline. Details on the new program, including the amount of individual rebates and which cars would be eligible, are still being discussed, said Lindsay B ...