Tesla Megapack, the cash machine that changes everything
- Published on 23/05/2026 22:02
With its giant batteries intended for electricity storage, Tesla is becoming a major player in the global energy market.
Long considered merely an electric car manufacturer, Tesla is transforming its business model. Behind the Model Y and Cybertruck, another product is booming: the Megapack, an immense industrial battery that has become one of the most profitable growth engines for Elon Musk’s group.
The Megapack is an electricity storage system designed for energy grids. Each unit, comparable to a shipping container, can store several megawatt-hours of energy to offset consumption peaks and the intermittency of renewable energies like solar or wind.
Megapack, mega revenues for Tesla
Specifically, these giant batteries allow electric operators to stabilize their grids and avoid outages. With the global explosion of green energy projects, the demand for this type of solution is skyrocketing.
And the figures are staggering. By 2025, Tesla’s energy business, largely driven by the Megapack, is expected to generate between 12 and 13 billion dollars in revenue according to several financial estimates. By comparison, this segment represented about 6 billion dollars in 2023. In just two years, Tesla would have nearly doubled its revenues from energy storage. Some projections even suggest more than 18 billion dollars by 2026.
Moreover, this activity is far more profitable than automobiles. While Tesla must lower car prices in the face of Chinese and European competition, the Megapacks are showing high margins and a filled order book spanning several quarters.
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To meet the demand, Tesla has already launched a gigantic dedicated factory in California and is now ramping up production with a new Megafactory in Shanghai. More than just a car manufacturer, Tesla now aims to become a global giant in energy and electric storage.
READ ALSO: Tesla gives itself a (small) breather!
This page is translated from the original post "Tesla Megapack, la machine à cash qui change tout" in French.
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