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This past week was quite eventful for Tesla Inc. (NASDAQ:TSLA). From a Gov. Gavin Newsom-backed (D-CA) EV rebate program to an affordable financing program in China, let’s take a look at what captured the headlines for the Elon Musk-led EV maker this week.
Gavin Newsom’s $1 Billion EV Incentive Program
Newsom unveiled a $1 billion EV incentive program that could potentially benefit the Tesla Semi. The program, set to kick off on June 26, will offer rebates ranging from $7,500 to $120,000 to authorized retailers and target commercial vans, electric semi trucks and more. The program will initially receive $250 million in funding this year.
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