Excluding Tesla could burnish Newsom’s standing on the left as he renews a clash with Musk, who has become a member of ...

Tesla Inc.’s electric vehicles would be shut out from consumer rebates under a proposal by California Governor Gavin Newsom, ...

The auto industry just had a “soap opera moment” with California Governor Gavin Newsom riding in to save EV purchase tax ...

Newsom announced on Monday that if the federal subsidy is taken away, he will restart California’s Clean Vehicle Rebate ...

California Governor Gavin Newsom’s EV rebate proposal excludes Tesla, intensifying his feud with Elon Musk and raising ...

California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7 ...

If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s ...

Last quarter, the company reported some $740 million in income from a carbon credit system administered by California and other states that allows other car manufacturers to purchase credits from ...

Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on ...

This latest news follows an October 2023 update that pertained to the transferring of credits. Per the IRS: This “transfer” is essentially the ability of a new EV buyer to give the tax credit ...

Additional EV tax credits are in the Build Back Better spending ... Prime small SUV with 42 miles of electric range earns the buyer a $7,500 credit, the largest available. The Prius Prime plug ...

Federal EV tax credits The federal EV tax credit is split ... for all-electric vehicles and are not held to the individual buyer standards of income caps, MSRP limits, or mineral and component ...