Category: Megapack

Tesla’s Megapack powers its small, but growing energy storage business
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Tesla’s Megapack powers its small, but growing energy storage business

Tesla’s energy storage business picked up steam in the second quarter and even played a minor role in the company’s fourth consecutive quarter of profitability, according to earnings reported Wednesday. Commercial and residential energy storage sales as well as solar are still mere slices of Tesla’s overall business, which is largely dominated by automotive. However,…

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