---
title: "California’s new $3,500 EV rebate favors Rivian and Lucid over Tesla"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292521107.md"
description: "California Governor Gavin Newsom signed SB 168, establishing the 'MyFirstEV' program. This initiative offers a $3,500 instant point-of-sale rebate for first-time electric vehicle buyers, funded by $135.5 million in state money matched by automakers. A headquarters requirement favors California-based Rivian and Lucid, while Tesla only qualifies on its lowest-priced models."
datetime: "2026-07-13T18:25:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292521107.md)
  - [en](https://longbridge.com/en/news/292521107.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292521107.md)
generator: "portal-rs"
---

# California’s new $3,500 EV rebate favors Rivian and Lucid over Tesla

California Governor Gavin Newsom signed SB 168 today, creating a new “MyFirstEV” program that gives first-time electric vehicle buyers a $3,500 instant rebate at the dealership starting later this summer.

The point-of-sale discount is backed by $135.5 million in state funding, matched dollar-for-dollar by participating automakers — and a California-headquarters rule makes Rivian and Lucid the biggest winners, while Tesla qualifies only on its cheapest models.

## How the $3,500 instant rebate works

Unlike the old application-based Clean Vehicle Rebate Project, MyFirstEV is an instant point-of-sale discount. Eligible buyers walk into a participating dealership and drive out with the money already off the price — no paperwork, no waiting for a check.

Here are the core rules of the program:

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**