California EV Rebate Program Expected to Run Empty Ahead of Plan
Tesla Price Drop Depletes Funding Originally Projected to Last Through 2024
Daily applications to California's Clean Vehicle Rebate Project have surged since Tesla's Model 3 and Model Y regained eligibility on Feb. 13. | Center for Sustainable Energy
Jun 13, 2023
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Price drops for Tesla’s Model 3 and Model Y have made the EVs eligible again for a California rebate; now the incentive program is running out of money.