Tesla Drains California's New MyFirstEV Rebates in Five Days
Tesla exhausted California’s five-day MyFirstEV rebate pool after the program launched, with $3,500 rebates for new EVs and $1,750 for used ones, leaving Tesla at a disadvantage due to price caps that exempt California‑based rivals Rivian and Lucid. InsideEVs estimates about $18 million in combined state and Tesla-funded rebates went to California buyers in those five days, part of roughly $271 million in total incentives (California contributing $135.5 million, matched by automakers) designed to offset the federal subsidy removal. Despite a national downturn in EV sales, California remains a strong market for Tesla, accounting for a large share of zero-emission vehicle registrations through June (about 57%), with roughly 500 Teslas registered daily in Q2.
- Tesla Buyers Blow Through California’s New EV Rebates in Just 5 Days Gizmodo
- How does California’s new $3,500 EV rebate work? CalMatters
- Governor Newsom announces $3,500 instant rebates now available for Californians buying their first zero-emission vehicle California State Portal | CA.gov
- California offers new tax credit worth up to $3,500 for drivers who switch to electric vehicles ABC7 Los Angeles
- Status Update: California’s ZEV rebate starts with 3 automakers, more to come Orange County Register
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