California governor proposes to exclude Tesla from EV tax credits to diversify the market.

California Governor Gavin Newsom proposes to exclude Tesla from state electric vehicle tax credits, aiming to diversify the market. Automakers selling over 200,000 EVs in the US would lose eligibility; Tesla is the only brand affected. The proposal, subject to state legislature approval, seeks to boost cleaner energy but could impact Tesla's sales in California.

November 25, 2024
194 Articles