EV giant Tesla Inc (NASDAQ:TSLA) said on Tuesday that it deployed 9.4 Gigawatt-hours of energy storage products in the second quarter, marking its highest quarterly deployment yet, and a jump of ...

Following in Tesla's footsteps, Ford and General Motors are venturing into the energy storage market, converting EV battery ...

Tesla car sales took a dip last quarter, but its home power packs are selling well. Tesla's energy storage business is hitting record after record, even though it too suffered a revenue drop. With a ...

Energy storage products like the Megapack, Megablock, and Powerwall drove nearly a quarter of Tesla’s gross profit.

Tesla reported blowout earnings this week, but its biggest growth driver wasn't cars or robots. Its energy business grew by 52% year over year, earning over $7 billion in revenue so far in 2024. Elon ...

Tesla’s TSLA core electric vehicle (EV) business is under pressure as weakening demand and stiff competition are weighing on sales. CEO Elon Musk’s political involvement is also working against ...

EV giant Tesla Inc. (NASDAQ:TSLA) reported a whopping 100% year-on-year jump in revenue from its energy generation and storage segment in the second quarter, even as revenue from the automotive ...