Tesla starts production at Megafactory in Shanghai
February 13, 2025
Tesla has started production at its new Megafactory in Shanghai, its second such factory, and it is starting to ship to its first customer.
Energy storage has been Tesla’s silver lining over the last few quarters.
While its main business, the automotive business, has been shrinking in both revenue and margins, its energy storage business has been growing at an impressive pace.
That’s mainly…