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 In a post on X, influencer Sawyer Merritt on Saturday quoted a post he made earlier, which shared that the EV giant had announced on Friday that only 30% of funds were left in the rebate program.
