Quote from: Gregn on November 27, 2024, 23:30:00In the interest of accuracy, EVs (tesla and others) in 2025 may lose the $7500 federal tax credit because of Donald Trump, not Gavin Newsome. Newsome however has proposed to ADD a $7500 state tax credit in california to offset this loss. The credit would focus on "lower marketshare manufacturers" meaning it would ultimately not apply to Teslas. So there could end up being a $7500 tax credit difference between tesla and non-tesla EVs in the state of california, but lets make sure we keep the blame where it belongs if the federal tax credit does end up going away.
Trump can't take away the tax credit in 2025 because the budget for 2025 is done a year before. So tax credit can only be removed in 2026.