Tesla Power appears to be properly on its strategy to ending 2023 on a robust observe. This was hinted at by a quite massive fleet of 337 Megapack batteries that was not too long ago sighted on the Megafactory in Lathrop, California.
The Tesla Megapack is the electrical automobile maker’s flagship battery storage system. Designed particularly for grid use, the Megapack has been deployed in a number of notable initiatives around the globe. These embody a 150 MW/300 MWh Tesla Megapack system in New South Wales, Australia and a 182 MW/730 MWh battery farm in Moss Touchdown, California.
Tesla at the moment affords two variants of the Megapack: a 2-hour model that gives 1.9 MW of energy and three.9 MWh of vitality and a 4-hour model that gives 1 MW of energy and three.9 MWh of vitality. The batteries are priced at $1,908,590 for the four-hour variant with set up and $2,123,590 for the two-hour variant with set up. With out set up charges, the Megapack prices $1,321,390 for the two-hour variant and $1,270,310 for the four-hour variant.
Contemplating that longtime Tesla watcher Met God in Wilderness was capable of spot 337 Megapack batteries on the Lathrop Megafactory throughout a flyover on November 2, 2023, one may estimate that the battery fleet on the website could possibly be price about $500 million. Elon Musk hinted as a lot throughout the Q3 2023 earnings name when he famous that Tesla Power was changing into the corporate’s highest-margin enterprise.
“Concerning vitality storage, we deployed 4 GWh of vitality storage merchandise in Q3. And as this enterprise grows, the Power division is changing into our highest-margin enterprise. Power and repair now contribute over half a billion to quarterly revenue,” Musk mentioned.
Whereas the Lathrop Megafactory is already producing massive numbers of Megapack batteries, the ability remains to be being ramped by Tesla. As per the electrical automobile maker in its Q3 2023 Replace Letter, the corporate’s vitality storage deployments elevated by 90% YoY in Q3 to 4.0 GWh, which was Tesla’s highest quarterly deployment ever. The Megafactory can also be being ramped in direction of its full capability of 40 GWh with its section two growth.
Watch the latest drone flyover of the Lathrop Megafactory within the video beneath.
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