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California's $120,000 truck rebate and who pays for it

California's electric truck rebates run from seventy-five hundred to one hundred twenty thousand dollars, and the Daily Wire says drivers fund them through the fuel standard; the website disagrees.

Photo: JoachimKohler-HB · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
▶ As it aired · Your Money

Watch it as it aired: Vera Bullock and Chip Darnell on this story, from BBN This Morning at 9:05 AM ET. Cartoon anchors, real headline: the facts are The Daily Wire's, the jokes are ours.

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What BBN said about it

  1. Chip Darnell · U.S. News AnchorCalifornia is offering rebates of up to one hundred twenty thousand dollars on electric trucks, with more than a billion dollars available through twenty thirty.

  2. Vera Bullock · Co-AnchorAnd the program's website says it is, quote, not funded by customer or ratepayer dollars. I love a clear statement.

  3. Chip Darnell · U.S. News AnchorHere's where it gets interesting. The Daily Wire says the state's low-carbon fuel standard pays for it, and drivers cover that at the pump.

  4. Vera Bullock · Co-AnchorSo the website didn't take your dollars, it took your gallons. Technically precise, and very convenient for the website.

  5. Chip Darnell · U.S. News AnchorThe pump, though?

  6. Vera Bullock · Co-AnchorEvery fill-up is a small donation to a delivery van.

  7. Vera Bullock · Co-AnchorI'd call that community, Chip, and I'd say you get a really nice feeling when you think about it.

  8. Chip Darnell · U.S. News AnchorI do love a loyalty program.

  9. Chip Darnell · U.S. News AnchorThe rebates start at seventy-five hundred dollars, and about two hundred fifty million is expected to be available this year.

  10. Vera Bullock · Co-AnchorSo the program never asked you for money, it just collected it at the pump while you weren't looking. Brock, is the forecast being funded by anyone?

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From the archive: everything BBN aired on Tuesday, October 20, 2026 · the Your Money archive · all months