Feb. 02, 2026 11:21 PM ETTesla, Inc. (TSLA) Stock, , , , , , , , , , , , , By: Arundhati Sarkar, SA News EditorFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsElectric Vehicles

RoschetzkyIstockPhoto/iStock Editorial via Getty Images

The administration of California Governor Gavin Newsom said Monday that the state’s proposed $200 million electric vehicle incentive program would apply only to first-time buyers and require participating manufacturers to offer matching incentives. Under the new program, passenger vehicles priced at