Replying to a Bloomberg report that said California Governor Gavin Newsom announced that if the incoming Trump Administration eliminates a federal ZEV tax credit, he will propose creating a new version of the state’s Clean Vehicle Rebate Program, which would exclude popular Tesla (TSLA) models from eligibility, Tesla CEO Elon Musk stated on X: “Even though Tesla is the only company who manufactures their EVs in California! This is insane.”
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