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‘Political stunt’: Tesla exclusion from state EV tax credit proposal pits San Jose mayor against Newsom

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California Gov. Gavin Newsom announced a proposal Monday that would implement a state rebate for electric vehicle purchases.

If the federal tax credit ends, prospective EV buyers in California can still get money back under Newsom ’s proposal.

The proposal includes a potential market cap — which makes any applicable automaker subject to that cap — to foster market competition.