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California will act if Trump kills $7,500 EV tax credit

Hosted on MSN · 1h

Newsom Vows to Offer EV Rebates if Trump Cuts $7,500 Federal Tax Credit

The governor’s office says Tesla may not be eligible for the rebate program, citing an effort to encourage market competition.

Los Angeles Daily News · 2h

Newsom pledges EV buyer rebate if Trump kills $7,500 credit

The governor said Monday that he will propose rebooting a program California phased out in 2023 to provide EV buyers relief.

Newsom said California would offer EV rebates if Trump cut them. Where would the money come from?

The funding could come from polluters under the state’s cap-and-trade program, which pays costs ultimately passed onto energy consumers.

CNN on MSN12h

California could keep the $7,500 EV credit alive if Trump kills the cost-saving measure, Newsom says

Gavin Newsom announced Monday he will provide $7,500 electric vehicle ... However, several GOP lawmakers have sprawling ...

4hon MSN

California proposes its own EV buyer credit — which could cut out Elon Musk's Tesla

California Gov. Gavin Newsom said he'll restart a rebate program if Trump ends the federal EV tax credit, but Tesla models could be excluded.

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