Leveraging advanced manufacturing production credits and consumer incentives appear to be a key element in its business strategy for the upcoming year. - tesla techcompanyreports
Tesla announced it has plans to expand its manufacturing operations onshore in the U.S. for the upcoming year.
The company looks to leverage major tax credits offered under the Inflation Reduction Act , which provides tax incentives to manufacturers investing in clean energy. CEO and Product Architect Elon Musk stated on the company’s Q4 2022 earnings call that he expects the financial kickback brought by “these credits to be very significant’
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