California may exclude Tesla from EV rebate program
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California Governor Gavin Newsom is considering excluding Tesla and other automakers from an EV rebate program if the Trump administration eliminates a federal tax credit for EV purchases.
November 26, 2024 | 5:15 pm
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Tesla may be excluded from California's EV rebate program if federal tax credits are removed by the Trump administration, potentially affecting sales.
The potential exclusion from California's EV rebate program could negatively impact Tesla's sales in the state, as rebates are a significant incentive for EV buyers. The decision is contingent on federal tax credit changes, which adds uncertainty.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80