After significant price decreases last month that brought them back under the MSRP threshold

the Tesla Model Y and Model 3, California's top-selling electric vehicles by sales volume

 are once again qualified for the state's $2,000 electric vehicle rebate.

Since the program's start, California's Clean Car Rebate Program has given out refunds totaling more than $1 billion.

The funds are provided by the California Air Resources Board, whose primary source of revenue is the state of California's

It has been altered several times to include additional requirements, one of which being a cap on the vehicle's

Presently, the standard MSRP limit for "big automobiles" is $60,000 and $45,000 respectively (SUVs, minivans and pickups).

Tesla automobiles had previously been eligible for rebates under this programme, but beginning March 15, 2022

when Tesla raised MSRP over the price ceilings, they had been ineligible due to ongoing price increases

 over the preceding couple of years and new MSRP constraints on California's rebate programme.