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Benzinga
Benzinga
Business
Badar Shaikh

Tesla Burns Through Funds Allocated for Gavin Newsom’s EV Rebate Within Days—California Governor Hails Clean Energy Bet

Gavin Newsom California Elon Musk Sawyer Merritt Tesla Inc. X
Focused,Shot,Capturing,Elon,Musk,Alongside,The,Tesla,Logo,,Symbolizing

Gov. Gavin Newsom‘s (D-CA) MyFirstEV program promises a $3,500 instant discount on new EVs, as well as a $1,750 discount on used EVs, for first-time buyers in California. Now, Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) has confirmed on its website that it has run out of allocated funds in the program.

Tesla Ran Out Of Funds in Four Days

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