Tag: tesla take
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California’s ban of gas-powered cars by 2035 looks great for Tesla, but could distract the young automaker from its best chance to grow
California Gov. Gavin Newsom signed an executive order prohibiting the sale of gas-powered automobiles by 2035, on the hood of a Ford Mustang Mach-E. Daniel Kim/The Sacramento Bee through AP, Pool Tesla is ideally positioned to take advantage of California’s move to ban internal-combustion vehicle revenue by 2035. However, Gov. Gavin Newsom’s executive arrangement may…