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Tesla's Electric cars likely would not qualify for California's new state tax

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Puneeth Yv

California may revise its electric vehicle tax credit program. The change depends on a federal tax credit decision. Tesla could be excluded, affecting its stock price. CEO Elon Musk opposes the potential exclusion. California aims to support electric vehicle adoption. The state recently reached 2 million zero-emission vehicle sales. https://m.economictimes.com/tech/technology/tesla-would-likely-be-excluded-from-new-california-ev-tax-credits-governors-office-says/amp_articleshow/115686447.cms

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