Crews started construction on the Shanghai Megafactory in May, with the structural skeleton now taking shape rapidly, signifying progress in the Megapack production facility.
Tesla's Shanghai Megafactory is set to manufacture 10,000 Megapacks annually, matching the capacity of its operational facility in California, and plans to commence orders with BYD battery by Q1 2025.
Tesla's energy business is expanding, deploying 9.4 GWh of energy storage in Q2 2021, with a focus on Megapack-based energy projects and surpassing automotive sales growth rate predictions by Elon Musk.
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