Search results for Megapack 3
Industry
Tesla begins production of next-generation Megapack 3, targets 50 GWh-a-year ESS output
Tesla has begun full-scale production of its next-generation grid energy storage system, Megapack 3, at a newly built Megafactory in Brookshire, Texas. The plant is designed for 50 GWh of annual output and is expected to also produce the Megablock platform. Megapack 3 raises storage capacity to about 5 MWh per unit, improves energy density and updates thermal management. Tesla cited rising demand but said supply-chain risks remain.
Industry
Tesla profitability worsens, merger with SpaceX more likely
Tesla has dropped its 2026 mass-production plans for the Cybercab, Tesla Semi and Megapack 3 and removed wording on Optimus mass production from its second-quarter shareholder letter. It said it is pushing to expand battery production, especially 4680 cells, to mass-produce the Cybercab and Semi. Second-quarter revenue rose to $28.2 billion but profitability worsened, and robotaxi service growth also appeared to stall. Elon Musk raised the possibility of a Tesla-SpaceX merger.
Mobility
Tesla Q2 revenue rises but profitability worsens; Cybercab, Semi timelines slip
Tesla removed its 2026 mass-production plans for the Cybercab, Tesla Semi and Megapack 3, and also deleted wording on Optimus mass production, TechCrunch reported, citing a second-quarter shareholder letter. Tesla said it is working to increase battery production, especially 4680 cells, to mass-produce the Cybercab and Semi, but did not explain delays for Megapack 3 or whether Optimus is delayed. Second-quarter revenue rose to $28.2 billion, while net profit fell to $1.1 billion and free cash flow turned negative.