Tesla Presents Its New Megapack Factory In Lathrop, California

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Tesla Presents Its New Megapack Factory In Lathrop, California
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Tesla Presents Its New Megapack Factory In Lathrop, California via insideevs.com

is now looking for more employees - but that's not a surprise, as basically the entire EV industry is investing and competing for workers.Join us in manufacturing the future of energy storage."The site in Lathrop is pretty big as it's envisioned for an annual output of 40 GWh of Tesla Megapack systems .At 40 GWh, Tesla should be able to produce more than 13,000 Megapacks per year. That's an order of magnitude increase compared to its 2021 output.

Once the Lathrop plant is completed, more than 10 GWh to be installed per quarter. That will be a groundbreaking change for the entire industry and potentially a huge help to utilities, which are looking for high-volume and reasonably priced battery systems. Tesla's advantage will be large BEES like the Megapack, series production at high volume and use of the Lithium Iron Phosphate battery chemistry .

Currently, BEES accounts for only several percent of Tesla's total revenues and margins are much lower than in the case of cars. Because the company is quickly expanding its EV business , we guess that in the foreseeable future, BEES share will remain under 10%.

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