Tesla and Panasonic likely to receive about $1.8 billion in US Tax Credits in 2023 – report
The IRA offers incentives to battery suppliers and automakers that manufacture in the US
According to a BNN Bloomberg report dated June 2, Tesla and its battery partner Panasonic are likely to get nearly $1.8 billion in tax credits in 2023 under the US Inflation Reduction Act (IRA), according to Benchmark Mineral Intelligence.
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