Tesla Inc Says Benefited From $150M-$250M In IRA Credits In Q2
Portfolio Pulse from Bill Haddad
Tesla Inc has reported that it benefited from $150M-$250M in Investment Tax Credits (ITC) in Q2.
July 19, 2023 | 9:59 pm
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POSITIVE IMPACT
Tesla Inc's Q2 earnings were positively impacted by $150M-$250M in Investment Tax Credits.
The Investment Tax Credits (ITC) that Tesla Inc received in Q2 have positively impacted their earnings. This additional income could lead to a positive reaction in the stock market, potentially driving up Tesla's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100