Tesla excluded from California’s proposed EV buyer incentive program, stock drops: ‘This is insane’
Tuesday, 26 November 2024 () California Governor Gavin Newsom has unveiled a controversial plan to provide state rebates to electric vehicle (EV) buyers, effectively excluding Tesla Inc. from the program. The decision pits Newsom, a potential Democratic presidential contender, against Tesla CEO Elon Musk, a prominent Republican ally and key figure in President-elect Donald Trump’s transition team. Newsom’s initiative, announced […]
Tuesday, 26 November 2024 ()
California Governor Gavin Newsom has unveiled a controversial plan to provide state rebates to electric vehicle (EV) buyers, effectively excluding Tesla Inc. from the program. The decision pits Newsom, a potential Democratic presidential contender, against Tesla CEO Elon Musk, a prominent Republican ally and key figure in President-elect Donald Trump’s transition team. Newsom’s initiative, announced […]