California could offer state tax rebates for electric vehicle purchases if the incoming Trump administration eliminates the $7,500 federal EV tax credit. Gov.

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

Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay competitive.

While experts agree that President-elect Trump's administration will slow EV purchases in the U.S., how policies and market forces play out aren't clear.

California Gov. Gavin Newsom said the state could provide rebates for electric vehicle purchases if the incoming Trump administration eliminates the federal tax credit. In a news release issued

California will seek to relaunch subsidies of electric vehicles if Republicans in Washington follow through on repealing a $7,500 credit.

California Governor Gavin Newsom will propose a new version of the state's discontinued Clean Vehicle Rebate Project if the incoming Donald Trump administration scraps the federal tax credit for electric-vehicle purchases,

Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases,

California Gov. Gavin Newsom said he'll restart a rebate program if Trump ends the federal EV tax credit, but Tesla models could be excluded.