Gov. Gavin Newsom says he will provide residents rebates if Trump removes EV tax credit

California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming administration does away with a federal tax credit for electric vehicles.

Newsom says California will intervene if Trump kills $7,500 EV tax credit

California Gov. Gavin Newsom (D) said Monday the state of California will intervene if President-elect Trump eliminates the electric vehicle tax credit passed under President Biden. “Consumers ...

Politics - The Hill - Yesterday

California Gov. Gavin Newsom preparing to "Trump-proof" his state

Governors in blue states are preparing to push back against the incoming Trump administration's agenda. California Gov. Gavin Newsom has called a special session of the legislature to "Trump-proof" ...

Newsom Challenges Trump on Electric Vehicle Tax Credits

Gov. Gavin Newsom said California would fill the void for residents if the Trump administration killed a $7,500 E.V. tax credit.

Top stories - The New York Times - Yesterday

Trump wants to provide a tax credit for caregivers. Here's what experts say about the proposal

At a recent campaign rally, President-elect Donald Trump said "it's about time" caregivers are recognized. Here's what we know about his tax credit proposal.

Business - CNBC - November 13

California Wants to Offer Electric Vehicle Rebates if Trump Eliminates $7,500 Federal Tax Credit

Gov. Gavin Newsom said greenhouse-gas credits would fund EV rebates.

Business - The Wall Street Journal - Yesterday

Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says

Trump and Republicans on Capitol Hill will likely slash Biden-era tax breaks for electric vehicles in 2025 to raise money for a tax cut package.

Business - CNBC - 6 days ago

Act now for $7,500 EV tax credit: Experts say there's a risk Trump will axe funding in 2025

Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and ...

When will Trump and congressional Republicans end the $7,500 EV tax credit? One estimate says Jan. 1, 2026.

It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.

Business - MarketWatch - 13 hours ago

EV tax credits could soon vanish. Is now the time to buy?

California plans to blunt any GOP efforts to scrap U.S. tax rebates for electric vehicles. But with uncertainty ahead, experts say current savings may not last.

Despite Trump Threat to Tax Credits, Auto Industry Continues Shift to EVs

Carmakers won’t reverse their $160 billion investment in vehicles that don’t use fossil fuels, while EV startup Rivian gets financing for a Georgia factory.

Business - Inc. - 15 hours ago

A California EV Rebate That Could Exclude Tesla? Musk Says That’s ‘Insane’

Gov. Gavin Newsom is gearing up for a fight against the incoming Trump administration on electric vehicles. Tesla is on the frontlines.

Business - Inc. - 11 hours ago

Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety

One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.

Business - MarketWatch - November 12

Will Newsom's expanded tax credit program save California's film industry?

Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?

Entertainment - Los Angeles Times - October 28

California Gov. Newsom calls for special legislative session after Trump win

California Gov. Gavin Newsom (D) issued a proclamation Thursday to convene a special session of the state Legislature, with the goal of preserving civil rights and enabling potential litigation ...

Politics - The Hill - November 7

Granholm warns that cutting EV tax credits would be ‘ceding’ to China

Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for electric vehicles (EVs) would benefit China. “You eliminate these credits, ...

Politics - The Hill - November 15

Many parents voted for Trump. His top priority should be expanding the child tax credit, advocates say.

Parents — specifically, male parents — voted for President-elect Donald Trump this election cycle in an ongoing show of support for the Republican Party by voters with children, according to exit ...

Business - MarketWatch - November 7

Fed Chair Jerome Powell says he won't resign if Trump tries to remove him

Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch ...

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.

Business - MarketWatch - November 14

California could leave Tesla out of a proposed EV rebate programme

Gavin Newsom’s plan sets up another potential clash with the carmaker’s chief Elon Musk

World - Financial Times - Yesterday

Gavin Newsom says won't make Menendez brothers decision until new Los Angeles DA weighs in

Erik and Lyle Menendez’s bid for freedom hit another possible roadblock this week as California Gov.

Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits

The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.

Business - Inc. - November 15

Speaking Hypothetically, GTA Trilogy Dev Says "It's A D**k Move" To Remove Crediting

Not everyone is happy about a recent update for Grand Theft Auto: The Trilogy - Definitive Edition. The CEO and co-founder for the developer behind the remake compilation seems particularly ...

Tech - GameSpot - November 15

Gavin Newsom Looks the Part as Democrats Seek Savior

Old photos of the California governor (and navy-suit enthusiast) are being widely shared as bruised Democrats seek a savior.

Lifestyle - The New York Times - November 14

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