In the fourth quarter of 2024, Tesla "deployed 11.0 GWh of energy storage products," setting a company record. This significant increase marks a notable shift in Tesla's business focus.
Fred Lambert notes that the Tesla Megafactory in Lathrop, California plays a crucial role in this growth, helping to enhance production capacity since it began operations in 2022.
By November 2024, the Lathrop Megafactory reached a milestone of producing its 10,000th Megapack, contributing to the impressive rise in Tesla's energy storage business.
With ongoing efforts in Shanghai and the trial production of Megapacks beginning in late December, Tesla's energy storage deployment for 2025 is anticipated to exceed current totals.
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