Story thread · 2 reports / 2 sources

Tesla buyers burned through California's new EV rebates in days

theblaze.com · 13d · first reportShare

Washington eliminated the federal EV tax credit. California didn't waste much time replacing it. Earlier this month, Gov. Gavin Newsom launched MyFirstEV , a new state program offering first-time zero-emission vehicle buyers $3,500 off a new vehicle or $1,750 off a used one, right at the point of sale. Instead, somebody with no intention of buying an EV is helping pay for someone who does. And MyFirstEV doesn't even reserve that help for people who couldn't otherwise afford the car. And Californians apparently noticed. Tesla's allocation of MyFirstEV money was exhausted almost immediately. According to Tesla , buyers had to place their orders between August 3 and August 7 to qualify, and the company now says its allocated funds have been depleted. California split The federal government spent years offering buyers a tax credit of up to $7,500 to encourage electric vehicle adoption. Congress eliminated the credit , ending it for vehicles acquired after September 30, 2025. California's r