Why Tesla’s battery business is suddenly slowing down
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Tesla's battery business, a key revenue driver for the electric vehicle (EV) maker, has hit a rough patch.
The company's revenue from batteries and solar equipment surged by 358% between 2021 and 2025, reaching $12.8 billion last year.
This was largely due to the global deployment of its Megapacks - large batteries that power factories, data centers or even the entire electric grid.
The company's revenue from batteries and solar equipment surged by 358% between 2021 and 2025, reaching $12.8 billion last year.
This was largely due to the global deployment of its Megapacks - large batteries that power factories, data centers or even the entire electric grid.
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