Part 1/7:
Tesla's Energy Storage Boom: A Look at the Market Dynamics
Tesla has established itself not just as a leader in electric vehicles but also as a formidable player in the energy storage sector. Recently, a significant development has arisen with the news that CATL, the world's largest battery manufacturer, has entered the fray with a direct competitor to Tesla's Mega Packs. These new offerings are reportedly much cheaper than Tesla's, raising the question of why many companies still opt to partner with Tesla for their energy storage needs.