Elon Musk rips Calif. Gov. Gavin Newsom for ‘insane’ move to exclude Tesla from rebate plan
California Gov. Gavin Newsom is rolling out a plan to offer rebates for electric vehicles with the exception of Teslas — a move that was ripped as “political” by critics and “insane” by Tesla CEO Elon Musk.
Newsom on Monday released details of a plan that would extend the now-expired Clean Vehicle Rebate Program if Trump follows through on a pledge to eliminate a federal tax credit for people who buy electric cars.
Trump previously vowed to end federal electric vehicle tax credits, which are worth up to $7,500 for new zero-emission vehicles.
Tesla buyers will not be eligible for a rebate in California under a proposed plan from Gov. Gavin Newsom. via REUTERS
There’s also a $4,000 credit for used ones.
But Trump later softened his stance as Musk became a supporter and adviser.