Part 7/12:
Tesla isn’t stopping there. The company is likely to build more Mega Pack factories in Europe, making Tesla a dominant global force in energy storage. With multiple factories in operation, potential net profits could reach around $20 billion; however, due to factors like taxes and regional costs, the realistic figure might hover just below that mark.
The strategy involves not just scaling up production but also reducing manufacturing costs, particularly as battery prices in regions like China continue to fall rapidly. Building facilities close to battery suppliers can further boost margins and streamline supply chains.