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As telegraphed earlier this year, Governor Gavin Newsom signed legislation today creating a $3,500 point-of-sale rebate for the purchase of a new electric vehicle priced up to $50,000. Used EVs sold for up to $25,000 get a $1,750 rebate. Automakers headquartered in California aren’t subject to price caps. Naturally, Tesla fans are mad. [Link: As Trump cedes global clean car race to China, Governor Newsom fights back with instant ZEV rebates for first-time buyers | Governor of California | https://www.gov.ca.gov/2026/07/13/as-trump-cedes-global-clean-car-race-to-china-governor-newsom-fights-back-with-instant-zev-rebates-for-first-time-buyers/ | Governor of California]