TSLA · 10-Q · 2026Q3 · Full report

Energy Storage Demand

Tesla, Inc. · 2026-10-22 · Importance 26 · Surprise 24

Tesla deployed 36.0 GWh of energy storage products through the third quarter of 2026 and said demand remained high for its storage portfolio. Megafactory ramps in Shanghai and Lathrop, California, and a new Megafactory near Houston, Texas, which began production in the third quarter, are intended to support volume growth. Megapack 3, Megablock and residential retrofit solar products expand the offering, while deployments may vary materially by quarter based on project milestones and logistics.

Key facts

• Energy generation and storage revenue was $2,881 million for the three months ended September 30, 2026, a decrease of $534 million, or 16%, compared to the three months ended September 30, 2025. source
• Through the third quarter of 2026, Tesla deployed 36.0 GWh of energy storage products. source