Tesla CEO Elon Musk on Monday slammed California’s plans to shut the company’s electric vehicles out from consumer rebates under a new proposal, calling it an “insane” decision.br br What Happened: According to a Bloomberg report, California Governor Gavin Newsom outlined a new proposal on Monday to offer incentives for EV buyers in California if President-elect Donald Trump gets rid of the current federal $7,500 tax break for EV buyers when he returns to the White House early next year.