California's $3.5K EV Rebate Launch, OPEC+ Oil Output Boost
Sunny Mornings Venice Beach por Sunny Mornings Media
Notas del episodio
Monday July 06, 2026
In this episode from Venice Beach, we dive into California's latest environmental initiative—a $3,500 instant rebate for first-time electric vehicle buyers. This state program aims to fill the gap left by the federal government's discontinued $7,500 tax credit, encouraging more Californians to make the switch to electric vehicles. As part of the initiative, Governor Gavin Newsom has allocated $135 million to ensure the rebate is available immediately at purchase, with specific price caps on eligible vehicles.
We also touch on the latest developments in the energy sector, as OPEC+ countries, including Saudi Arabia and Russia, announce a modest increase in oil production. This move comes as fuel prices stabilize following geopolitical tensions. Meanwhile, Germany's financial institutions are embracing ...