Tesla Model Y is the world's best-selling car for 3 consecutive years
2023: #1
2024: #1
2025: #1
Cumulative global sales: 4,000,000+ units
Not best-selling EV. Best-selling car. Period. Beating every gas, hybrid, and electric vehicle on Earth
BREAKING: The U.S. Government has officially announced that @Tesla and LG Energy have signed an agreement to build a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell manufacturing factory in Lansing, Michigan, with a 2027 start of production.
"American-made cells will power Tesla's Megapack 3 energy storage systems produced in Houston, creating a robust domestic battery supply chain," the U.S. Department of the Interior said in a statement.
Here's everything you need to know about Tesla's new Megablock, the latest in the company's industrial storage product lineup, which includes the new Megapack version 3:
Megablock:
• 23% faster to install with up to 40% lower construction costs
• Plug and play platform (hardware, software and services) delivered as one all from Tesla. It's a pre-engineered medium-voltage block that integrates next-gen Megapack 3
• Eliminated above ground cabling between the transformer and the megapacks using new flexible busbar assembly
• 91% MV round trip efficiency
• 20 MWh of usable AC energy
• Operates in temps of -40°C (-40°F) to 60°C (140°F)
• 248 MWh per acre
• 25-year life & >10,000 cycles
• With Megablock, Tesla is targeting to commission 1GWh in 20 business days, equivalent to bringing power to 400,000 homes in less than month
Megapack 3:
• Will be manufactured in Tesla's upcoming Houston Megafactory starting in late 2026. 50 GWh annual manufacturing capacity when fully ramped.
• 5 MWh of usable AC energy
• Weight: 86,000 lbs
• 28 foot long enclosure that can be shipped globally
• Optimized for up to 8-hour applications
• New drastically simplified thermal bay. Uses Model Y heat pump, but on steroids. 78% fewer connections, which minimizes failure points
• Larger battery module and larger battery cell
• 2.8 liter battery cell, co-engineered with Tesla's cell team
• LFP battery
• Operates in -40°C to 60°
• Went from 24 cable connections in Megapack version 2XL, down to 3 simple busbar connections
• 75% of the mass of Megapack 3 is battery cells.
• A single module in it weighs as much as a Cybertruck
• Tesla has enabled easier front access service, so there are no roof penetrations
• Drastically simplified bussing system
NEWS: Bank of America has resumed coverage on $TSLA with a Buy rating and a $460 price target, saying that FSD is the “leading consumer autonomy solution.”
"Tesla is at the forefront of autonomous driving, supported by a camera-only approach that is technically harder but much cheaper than the multi-sensor systems widely used in the industry. This strategy should allow Tesla to scale more profitably compared to Robotaxi competitors, helped by a growing data engine from its existing fleet."
The bank estimates that robotaxis make up roughly 52% of Tesla’s valuation. Beyond autos, the bank sees upside from the Optimus humanoid robot, and Tesla’s energy segment.
$AQST Cantor ⬆️PT $11 from 8 On one end recognize delay has an impact to our model (pushing sales estimate by 1-year) but on the other end we’re increasing our PoS to 70% from 40% now as we think the items brought up in the CRL are addressable (whereas with the letter deficiencies last month we knew something was wrong but were blind to what it was).
NEWS: A U.S. House Committee will hold a hearing on Jan 13th on bills to ease autonomous vehicle deployment without human controls.
Draft proposals under consideration:
• Lift cap to 90,000 per year (up from 2,500) of vehicles that could be deployed without human controls
• Ban states from setting rules on autonomous driving systems
• Require NHTSA to establish guidelines for calibrating advanced driver assistance systems
• Address automaker complaints about barriers to robotaxi deployment
• And more
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If true, this could be a huge positive catalyst for $TSLA since it would show high confidence that FSD can work with minimal supervision in the urban jungle of jungles, NYC.
Tesla Hints at NYC Ride-Hailing With New Autopilot Job Posting https://t.co/rGZ8ka6JrD