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Elon Musk explains Tesla’s domestic battery strategy

Summary by TESLARATI
Tesla CEO Elon Musk explained the automaker’s strategy for building batteries from top to bottom in a domestic setting as the company continues to alleviate its reliance on Chinese materials, something other companies are too dependent on. With the Trump Administration, it is no secret that the prioritization of U.S.-built products, including sourcing most of the materials from American companies, is at the forefront of its strategy. The goal is…

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1 million since 2016. If we talk about cars it would not be a great record - the Tesla Model Y sold, only in 2024, 1.09 million units. But we talk about a big and unknown business, the second of the company: energy storage. In addition to cars, and in the little-known Tesla Energy division, Tesla produces up to three types of energy storage units or large batteries: the Powerwall for domestic use, the Powerpack and the Megapack; the latter desti…

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TESLARATI broke the news in on Tuesday, June 3, 2025.
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