Tesla''s Fastest-Growing Business Isn''t Cars Anymore—Or
The thing is, Tesla''s business spans beyond cars, AI and robotics. Its fast-growing energy business includes solar, residential Powerwall batteries and industrial-scale Megapack systems.
Tesla sold $430 million worth of its Megapack batteries to xAI
In Tesla''s annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk''s AI startup.
15.3GWh! Tesla Wins Big Energy Storage Deal
On July 18, Tesla announced the signing of a contract with Intersect Power to provide 15.3GWh of Megapacks (Tesla''s battery energy storage systems) for Intersect Power''s solar +
Tesla taps LG Energy for US storage batteries in $4.3 billion deal
Tesla has reportedly tapped LG Energy Solution (LGES) for a massive supply of US-made batteries, signaling a strategic push to bolster its energy division.
Tesla and Samsung SDI in talks over new US battery
Tesla and Samsung SDI are reportedly in talks over a potential partnership to supply batteries for large-scale energy storage systems (ESS).
Tesla and China Seal $557 Million Energy Deal as World''s Largest
In an unprecedented partnership poised to revolutionize the global energy landscape, Tesla and China have embarked on a $557 million venture to establish the world''s largest energy
Tesla''s Megapack 3 and Megablock: Scaling Grid-Scale Energy Storage
Tesla''s new Megapack 3 and Megablock solutions promise to revolutionize utility-scale energy storage by boosting capacity to 5 MWh per unit, slashing soft costs, and enabling 1 GWh
Tesla''s energy storage business is growing faster than any other part
Energy storage products like the Megapack, Megablock, and Powerwall drove nearly a quarter of Tesla''s gross profit.
Tesla, BYD & CATL: Solar Storage''s Supply Chain Challenge
The rise of solar-plus-storage is no longer just a technical trend—it''s now a major supply chain story. Tesla, BYD and CATL are not only producing batteries to back up solar power, but also
Why Tesla, BYD & CATL are Making Batteries for Solar Power
Alongside EV batteries, the company produces large-scale, stationary energy storage systems designed to support renewable energy integration, power grid stability, power transmission
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