California
California may exclude Tesla from EV rebate program
Spear Invest founder and Chief Investment Officer Ivana Delevska discusses the value of A.I. data centers and the future of driverless cars on ‘Making Money.’
California Gov. Gavin Newsom may exclude Tesla and other automakers from an electric vehicle (EV) rebate program if the incoming Trump administration scraps a federal tax credit for electric car purchases.
Newsom proposed creating a new version of the state’s Clean Vehicle Rebate Program, which was phased out in 2023 after funding more than 594,000 vehicles and saving more than 456 million gallons of fuel, the governor’s office said in a news release on Monday.
“Consumers continue to prove the skeptics wrong – zero-emission vehicles are here to stay,” Newsom said in a statement. “We’re not turning back on a clean transportation future – we’re going to make it more affordable for people to drive vehicles that don’t pollute.”
The proposed rebates would be funded with money from the state’s Greenhouse Gas Reduction Fund, which is funded by polluters under the state’s cap-and-trade program, the governor’s office said. Officials did not say how much the program would cost or save consumers.
NEBRASKA AG LAUNCHES ASSAULT AGAINST CALIFORNIA’S ELECTRIC VEHICLE PUSH
California Gov. Gavin Newsom on Monday proposed creating a new version of the state’s Clean Vehicle Rebate Program if the incoming Trump administration scraps a federal tax credit for electric car purchases. (Photo by Justin Sullivan/Getty Images, File / Getty Images)
They would also include changes to promote innovation and competition in the zero-emission vehicles market – changes that could prevent automakers like Tesla from qualifying for the rebates.
Tesla CEO Elon Musk, who relocated Tesla’s corporate headquarters from California to Texas in 2021, responded to the possibility of having Tesla EVs left out of the program.
Tesla and other automakers may not qualify for the proposed tax credits, according to the governor’s office. (Getty Images, File / Getty Images)
“Even though Tesla is the only company who manufactures their EVs in California! This is insane,” Musk wrote on X, which he also owns.
BENTLEY PUSHES BACK ALL-EV LINEUP TIMELINE TO 2035
Those buying or leasing Tesla vehicles accounted for about 42% of the state’s rebates, The Associated Press reported, citing data from the California Air Resources Board.
Newsom’s office told Fox Business Digital that the proposal is intended to foster market competition, and any potential market cap is subject to negotiation with the state Legislature.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 338.59 | -13.97 | -3.96% |
“Under a potential market cap, and depending on what the cap is, there’s a possibility that Tesla and other automakers could be excluded,” the governor’s office said. “But that’s again subject to negotiations with the legislature.”
Newsom’s office noted that such market caps have been part of rebate programs since George W. Bush’s administration in 2005.
Newsom has pushed Californians to replace gas-powered vehicles with zero-emission vehicles. (Chip Somodevilla/Getty Images / Getty Images)
Federal tax credits for EVs are currently worth up to $7,500 for new zero-emission vehicles. President-elect Trump has previously vowed to end the credit.
CLICK HERE TO GET THE FOX NEWS APP
California has surpassed 2 million zero-emission vehicles sold, according to the governor’s office. The state, however, could face a $2 billion budget deficit next year, Reuters reported, citing a non-partisan legislative estimate released last week.
California
California DOJ cracks down on hospice fraud. Takes shot at Trump Administration
From one crackdown on hospice fraud to another.
A few weeks ago, the FBI arrested multiple people in Southern California that were accused of defrauding the government for millions of dollars.
In a more recent announcement last Thursday, California’s State Attorney General Rob Bonta held a press conference to announce a fraud bust of their own.
“Operation Skip Trace uncovered and ended a hospice fraud scheme that defrauded Medi-Cal of $267 million,” Bonta said. “So just to be clear, a quarter billion dollars over funds that are paid for by California taxpayers, funds that are meant to provide care to Californians in need. It is unacceptable. It is illegal and we will not stand for it.”
The operation saw a total of 21 suspects charged as a result and dismantled a major hospice fraud scheme, with two handguns and over $750 thousand in cash seized as well.
According to the state’s attorney general, this is just one of the many cases over the years the state has cracked down on.
“This is just the latest example of the California DOJ’s longstanding ongoing and successful efforts to combat hospice and medical fraud,” Bonta said. “We have been doing this work for years. We’ve been doing it successfully before certain people in this country decided to think about it for the first time. We will continue to do this work. Heads down, sleeves rolled up, important investigative work, prosecutorial work.”
He added to that by taking a shot at the Trump Administration’s latest fraud operations.
“While healthcare fraud might be President Trump’s shiny new political talking point, the California DOJ has been going after healthcare fraud since 1979,” Bonta said. “For decades, Trump is late to the party. Protecting taxpayer dollars and protecting programs sick and vulnerable Californians rely on have been our priority for nearly five decades.”
Governor Gavin Newsom also spoke out about this latest crackdown while taking a shot of his own at President Trump.
In a post to “X” the Governor’s Press Office wrote in part quote…
“California has been cracking down on hospice fraud long before Trump gutted oversight and pardoned the architect of the biggest health care fraud scheme in U.S. history.”
State Republicans have responded to this latest announcement from Attorney General Bonta, calling for a special session to demand accountability from the Governor on widespread fraud.
California
Xavier Becerra surges in poll after Eric Swalwell drops out of California governor’s race
A new poll shows a major shift in the California governor’s race after former Rep. Eric Swalwell, who was once a frontrunner, dropped out of the election following several allegations of sexual misconduct.
“This definitely throws this race into even more volatility, creates a huge vacuum,” Pomona College politics professor Sara Sadhwani said.
According to the new numbers, Xavier Becerra, the former state attorney general and Health and Human Services Secretary under President Biden, is surging in popularity.
In Emerson College’s Inside California Politics poll, Becerra is now polling at 10%, a seven-point jump since March.
Republican Steve Hilton remains in the lead with 17%, followed by Riverside County Sheriff Chad Bianco at 14%.
Among Democrats, billionaire Tom Steyer leads the pack with 14%, followed by Becerra and former Rep. Katie Porter at 10% each. San Jose Mayor Matt Mahan sits at 5%.
The poll showed that 23% of voters remain undecided.
“Xavier Becerra should be the happiest of them all because he’s the biggest move in this survey,” said Zev Yaroslavsky, director at UCLA’s Luskin School of Public Affairs.
Emerson College conducted the poll right after Swalwell dropped out of the race and President Trump endorsed Hilton.
“I believe over time, because Trump has endorsed Hilton for the governorship, that Hilton will continue to edge up and Bianco by definition will have to go down,” Yaroslavsky said.
Last weekend, the California GOP held its convention, and, similar to the Democrats, the party did not make an endorsement. However, Bianco received the most votes from the GOP delegates.
“We’re extremely happy with how it came out,” Bianco said. “There was a lot of effort put in by my opponent. Hundreds of thousands of dollars to try and win this election.
With the large number of undecided voters, Yaroslavky believes that the race is still in the air.
“It’s still early,” Yaroslavsky said. “It’s a little less than seven weeks before the election. The ballots go out at the beginning of next month. People, at least 30%, still haven’t made up their mind.”
In the state’s primary system, only the top two vote-getters in the June primary will advance to the November general election.
California
Here are the candidates in the running to be California’s next governor
The race to replace California Gov. Gavin Newsom, who terms out after this year, is ramping up with voters able to cast ballots soon.
The stunning collapse of Eric Swalwell’s campaign has upended the wide-open contest where no Democratic candidate has emerged as a clear frontrunner and mail-in voting is scheduled to start in May
California has an unpredictable top-two primary system that puts all candidates on one ballot, with only the top two vote-getters advancing to November, regardless of party. Despite their party’s dominance in the state, Democrats fear their crowded pool of candidates will divide the party’s vote and allow two Republicans to advance.
Here’s a look at the prominent candidates:
-
Ohio3 days ago‘Little Rascals’ star Bug Hall arrested in Ohio
-
Arkansas1 week agoArkansas TV meteorologist Melinda Mayo retires after nearly four decades on air
-
Austin, TX1 week agoABC Kite Fest Returns to Austin for Annual Celebration – Austin Today
-
Politics3 days agoDem fundraising giant in the hot seat as GOP lawmakers demand answers over dodged subpoena
-
Science3 days ago‘Dr. Pimple Popper’ Sandra Lee had a stroke last fall. Here’s how the TV doc is bouncing back
-
Politics6 days agoTrump blasts Spanberger ahead of Virginia meetings, says state faces tax base exodus like New York, California
-
Health1 week agoWoman discovers missing nose ring traveled to her lungs, causing month-long cough
-
San Francisco, CA5 days agoPresident Trump terminates Presidio Trust