California Senator Spurns Tesla, Calls For Limiting State’s Rebate To EVs $40,000 Or Less

Very quietly, California Senator Ted Gaines has issued Senate Bill 40 that would limit his state’s $2,500 plug-in rebate to only those cars with a MSRP of $40,000 or less. Out would be the likes of the Tesla Model S, BMW i3 and Mercedes-Benz B-Class Electric. Mr. Gaines reasoning is simple, “I… …read more