Part 5/10:
Gwen Shotwell, CEO of SpaceX—currently also serving as CEO of XAI—highlighted that the company’s existing mega pack installations form the backbone of this energy revolution. The commitment to develop additional giga-watt-scale power sources signals an impending surge in Tesla’s energy storage business.
This is not incidental; it points to Tesla’s pivotal role in powering the AI race, particularly as data centers and AI training require immense and reliable energy sources. With SpaceX’s infrastructure expanding rapidly, Tesla’s Megapack business stands to benefit enormously from this energy demand.