Tesla (TSLA) announced that its energy storage division delivered a record number of batteries in Q3 2022.
Today, Tesla released its Q3 2022 financial results. The automaker missed on revenue expectations, but there was a silver lining: Tesla Energy.
Tesla Energy is the company’s energy division that installs solar panels, solar roofs, and stationary energy storage products, like Powerwall and Megapacks.
Energy storage deployment was at a record high of 2.1 GWh last quarter, truly an impressive deployment of batteries.
Tesla gave some details about the new record in its shareholders’ letter:
Energy storage deployments increased by 62% YoY in Q3 to 2.1 GWh, by far the highest level we have ever achieved. This level of growth was accomplished despite semiconductor challenges continuing to have a greater impact on our Energy business than out Automotive business. Demand…