Part 2/8:
Governor Newsom's administration has attempted to offer rebates to EV buyers, but has stated that Tesla would be excluded due to its market share limitations—a decision many are dubbing as politically charged. Analysts, like Dan Ives, have labeled the proposal "insane," emphasizing that the majority of EVs sold in California are Teslas and such a move could spur an exodus of businesses from California to other states, especially Texas, where Tesla has established a significant presence.