Governor Gavin Newsom is promising to continue the electric vehicle rebate program in California, but his new proposal could exclude Tesla through a market share cap.

Governor Gavin Newsom has announced plans to revive California's electric vehicle (EV) rebate program if the incoming Trump administration eliminates the federal $7,500 EV tax credit. The move would position California as a safety net for clean energy consumers, ensuring the affordability of zero-emission vehicles in the nation’s largest EV market.

Gov. Gavin Newsom of California said he'd restart a rebate program if Trump ended the federal EV tax credit, but Tesla models could be excluded.