There is a 10% credit for energy storage with domestic content. Tesla Megapacks will have 95% domestic content. This content level will not work with CATL (China batteries). Lenders will be able to project finance energy storage like Megapacks including the 10% credit if they qualify for the credit.
WHEN Tesla gets 4680 supplies ramped then they will be able to get even more Megapacks and credits for those.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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“Lenders will be able to project finance energy storage like Megapacks including the 10% credit if they qualify for the credit.”
I’m pretty sure the bureaucrats in the Biden administration will find a novel technicality that excludes batteries made by a company owned by Elon.