The Zhitong Finance App learned that California Governor Gavin Newson's office said on Monday that if President-elect Trump cancels the federal tax credit for the purchase of electric vehicles, Tesla (TSLA.US) electric vehicles may not meet California's new state tax credit proposal. Trump's transition team is considering removing the $7,500 federal tax credit for electric vehicle purchases.

Zhitongcaijing · 6d ago
The Zhitong Finance App learned that California Governor Gavin Newson's office said on Monday that if President-elect Trump cancels the federal tax credit for the purchase of electric vehicles, Tesla (TSLA.US) electric vehicles may not meet California's new state tax credit proposal. Trump's transition team is considering removing the $7,500 federal tax credit for electric vehicle purchases.