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

By Business Insider   |   1 year ago
California proposes its own EV buyer credit -- which could cut out Elon Musk's Tesla

California Gov. Gavin Newsom plans to revive the state's zero-emission vehicle rebate if the federal EV tax credit is cut. However, Tesla may be excluded due to market-share restrictions. Elon Musk criticized the proposal for leaving out Tesla.

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