California Considers State EV Rebates Amid Federal Tax Credit Uncertainty

TL;DR Summary
California Governor Gavin Newsom has proposed a plan to exclude Tesla from state EV buyer rebates, potentially reigniting tensions with Tesla CEO Elon Musk. The proposal aims to create market conditions favorable to other car manufacturers, but it could exclude Tesla due to market-share limitations. This move comes as Tesla's market share in California declines, despite still leading in EV sales. The proposal is part of a broader strategy to counter potential federal policy changes under President-elect Donald Trump, who has criticized EV subsidies.
- Tesla excluded from EV buyer credits in California proposal Fortune
- Gavin Newsom threatens intervention if Trump kills Biden's $7.5K EV tax credit Fox News
- Tesla would likely be excluded from new California EV tax credits -governor's office says Reuters
- Newsom says California could offer electric vehicle rebates if Trump eliminates federal tax credit The Associated Press
- As California achieves historic milestone, Governor Newsom commits to restarting state’s ZEV rebate program if federal tax credit is eliminated Office of Governor Gavin Newsom
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