Part 4/12:
Tesla announced that MegaPack deployments have increased dramatically, with the Shanghai factory playing a pivotal role. The Houston Gigafactory is set to become Tesla’s most capable energy storage plant, with an estimated capacity of 50 GWh per year—a 25% increase over existing plants. Once operational, these factories will push Tesla’s aggregated storage capacity to over 130 GWh annually, enough to power approximately 50 million homes—a fourfold increase over last year's deployments.
The exponential growth in energy storage signals Tesla's strategic focus on supporting a sustainable energy economy, addressing the global demand for reliable power reserves, and reducing reliance on traditional transmission infrastructure.