Learn more

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Friday that there is a lack of utilization for the several incentives available for the purchase of EVs in many U.S. states. What Happened: “Incentives for EVs exist in many states, but seem to be seldom used,” Musk said. “Maybe lack of awareness or excessively paperwork and requirements.” Musk’s comments come on the heels of the state of Washington launching its new EV instant rebates program. The program focuses on supporting low-income residents to purchase EVs by offering between $2,500 and $9,000 off at the time of purchase or lease of an EV. …

cuu