Business
“We just need more cells”: Musk laments lack of battery capacity – RenewEconomy
Tesla says shortage of battery cells impacting supply of battery storage, and the roll out of new vehicles like the Tesla Semi.
“We continue to believe that the energy business will ultimately be as large as our vehicle business,” Tesla said in its quarterly result. Energy storage revenues were a record $US559 million in the third quarter, a fraction of the $US7.3 billion in revenue from car sales.
In the third quarter, the energy storage business reached record deployments of 759MWh, and production of its new 3MWh Megapacks doubled as production continued to ramp at Tesla’s Gigafactory Nevada.
Tesla said demand for the…
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