Tesla Buyers Making Twice U.S. Average See Rebates in Danger
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California’s incentives to purchase electric vehicles are under attack, as data shows most of the money goes to consumers who earn twice the national average yet collect cash rebates on Tesla Motors Inc.’s luxury models.
“It’s hard for the average Californian to understand why someone buying a $100,000 car should get a rebate,” said California state Senator Ted Gaines, a Republican who has proposed eliminating rebates on cars that cost more than $40,000. “That’s the same question I posed to myself, and it was hard to justify.”