Why Tesla Faces Exclusion From California EV Credits
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Tesla may face exclusion from California's EV purchase tax credits, as Governor Gavin Newsom intervenes in the auto industry's tax credit policies.

November 26, 2024 | 9:00 am
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Tesla may be excluded from California's EV purchase tax credits due to new regulatory interventions by Governor Gavin Newsom.
The potential exclusion from California's EV tax credits could negatively impact Tesla's sales in one of its key markets, affecting its competitive edge and possibly its stock price.
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