Your comment is classicist. People finance their cars and most EVs are far far above what you would get with an entry level cars. Now those market including secondary market are going to see a rise in prices.
This is not true where I live. The cheapest electric cars here are only about 20% more than the cheapest entry level cars, and loans have better terms for electric, making the monthly cost almost the same. I am not sure how true it is in California, but even if it is, it clearly doesn't have to be.
Just more wokeness to destroy California.