Tesla Inc.
(NASDAQ:TSLA) will participate in Gov.
Gavin Newsom's (D-CA) EV rebate program aimed at first-time EV buyers in the state amid the White House's pro-fossil fuel stance.
Limited Funds Available According to Tesla's official website on Tuesday, eligible buyers in California may qualify for a $3,500 incentive on eligible Model 3 and Model Y new inventory vehicle purchases, the automaker said.
Read Also: Elon Musk Says Zohran Mamdani Is a 'Thief' and a 'Liar' Over City-Owned Grocery Stores: 'AI & Robots Will Actually Deliver' Free Goods and Services Tesla added that to qualify for the scheme, prospective buyers would need to place their order "on or after August 3, 2026 and take delivery while funds are still available." Tesla said that the incentives applied to cash, lease and finance purchases.
