Featured Gavin Newsom to exclude Tesla from California EV credits

"What have you done for me lately?" is not a new game in either business or politics, but memories have become shorter and the loop tighter.

Tesla may be the only EV manufacturer with an assembly line in California, but that's very previous-decade. (or two?)

They're also the only EV manufacturer to have moved their headquarters out of California, and that was rather recent. To some, that will count more.

 

Article is paywalled.

I don’t understand how this is proposed to work.
Is Newsom saying California will increase state rebates for EVs (other than Tesla) to make up for Trump cutting them?
Or are they excluding Tesla from the ZEV credit system?

 

Insideevs has similar coverage

 

Thanks

That article covered it well.

As stated, it does leave Newsom an ‘out’.
I don’t believe Trump will actually repeal the tax credit.
I do believe the requirements to get the credit will make qualifying extremely rare.

 

58 billion yearly budget deficit , now racked up for over 1 trillion. LOL
Gavin newsom.. pure genius. Perfect example of how to run a once beautiful state into the ground. Trying to financially cripple ONE successful business in his State because he's a political opponent .... all after spending a billion CA tax dollars for BYD covid masks (no experience in medical supplies) for 4 times the cost - as he sits mask-less in the most expensive French restaurant in the state without a mask ... masks for Californians even as the virus is diminishing.
And don't get me started on Gavin's byd electric bus deal
Newsom Praises Chinese EV Company That Botched Taxpayer-Funded Contracts in California
How many billions are the California coffers going to be in debt next budget ?
Is it any wonder over 360,000 businesses/jobs lost since covid? .... even as the rest of the nation has regained 5 million?
Newsom Wants To Add $6.4 Billion To California’s $1.6 Trillion Debt With Proposition 1 | Hoover Institution Newsom Wants To Add $6.4 Billion To California’s $1.6 Trillion Debt With Proposition 1
Any moron can see if he pursues this, there will be litigation, which could end CARB's ability to maintain even its existing rules. Yeah, way to go Newsome.

Baaah - click bait - this guy's verbalizations will never amount to actual legislation, much less ever passing.

 

Also coverage here, Tesla Excluded From EV Buyer Credits in California Proposal

For those not clicking links, Newsom wants to restart a California EV rebate program if the the federal credits are cancelled. The proposed new version will have a market cap limitation with the goal of helping out smaller EV makers and programs. That will leave Tesla out.

 

The Tesla acreage in California Fremont is some 400 + Acres. It hires 20,000. Not that Gavin newsom's stupid legislation this stupid will ever pass, but who wouldn't put it past Musk to move the 20,000 workers over to Nevada and then abandon the Manufacturing site (Newsome has already driven lots of other businesses out of state) & the site could then be used to house some of the 185,000+ Californian homeless.
They could have a stupid contest & see who can out stupid the other.

 

Do you really think Musk would be eager to rebuild that entire manufacturing site at 2025 prices (good luck finding construction labor!) vs. the comparative bargains he got in up-cycling the Fremont plant?

He'd have to raise the car prices by a lot more than the tax credit free ride he has been getting. That would count for rather a lot of stupid in my book, but I'm not out to underestimate the guy.

Tesla Nevada: Home of the $200k Model S! Get your founders reservation today!

 

Fremont is the least efficient production Tesla has for transportation.
I’m guessing Tesla would not have much of a loss doing this.
I, however, refuse to guess what Musk will do. The man has gone off the deep end.

 

musk will sue, find trump judge, and win

 

Doesn't California have much bigger problems?

How is California going to finance a rebate program?

California has a multibillion-dollar budget deficit. Here's what you need to know | AP News

What contributed to California's record $68 billion budget deficit? - CBS Sacramento

California Defaults On $18.5 Billion Debt, Leaving State Businesses Holding The Bag | Hoover Institution California Defaults On $18.5 Billion Debt, Leaving State Businesses Holding The Bag

Gov. Gavin Newsom proposes painful cuts to close California's growing budget deficit | AP News

...and if that is not enough

Every Company Leaving California: 2020-2024 | Buildremote

California lost more tax income than every other state as people left to other states – KION546

California's Budget Grows 80% While Its Population Shrinks. How Long Can This Last? - GV Wire

...somehow the California model of financial integrity/decision making doesn't seem to be one that would interest a sensible or rational thinking person/organization.

 

*shrug*

A two year old Bloomberg report suggests that the Fremont plant isn't exactly chopped liver. (Reader mode beats the paywall for me, anyway)

I grant you that they're probably doing better-still at the Austin plant, and I'd imagine that they're doing bestest in the Shanghai plant, but I think it's fair to expect some headwinds in bringing Shanghai output to bear in the USA.

 

I agree. My point was not that Fremont should be as efficient as Shanghai. It was that Tesla won't loose that much ground closing it.
It is also very efficient by legacy auto standards. Just not as efficient as Germany or Austin.

 

.... and - Tesla picked the property up for pennies on the dollar when the NUMMI project failed.
.

 

Keep in mind that Newsom called for an Emergency legislative session in California the day after the election results wich will do lots of impressive forms of resistance to this incompetent leadership. For example the Attorney General has already spent the past year reviewing 120 lawsuits the state filed against the Trump admin last time around and they plan to appropriate another $100 Million for additional litigation based on knowledge and experience, which is something the revolving door of rapidly fired leadership of Trump adminstation will never have.

 

must be nice - to be Head of the state in debt 1 trillion as California is - but plan to spend another billion of other people's money rather than using that to pay down 1/1,000 of the debt. But maybe that billion isn't real money but rather just more borrowed debt on top of debt. No wonder people & businesses are fleeing the state.
.

 

Trollbait cleared it up above. Isn’t the internet wonderful, a place to make up stories based on headlines. Calif jealousy is funny to watch.

 

i'm reading a book about new almeden in the 19th and 20th centuries. makes me jealous