Tesla battery energy storage soared 81% of 415 MWH of device

According to tesla's first-quarter results, 2019 first quarter loss of about $700 million, compared with the same period in 2018, energy storage and solar energy business revenue fell 21%, amount of solar energy systems are from the same 2018 mw, 74 mw fell to 47, 36% decline.

tesla had previously said, is developing the third generation of rooftop solar panels, consideration to the needs of users, will be launched longer service life, easy to install solar cells, and also hope to through good energy storage system Powerwall to stimulate demand.

among them according to the second quarter, tesla Powerwal l and Powerpack device volume hit a record high, in the second quarter growth was 81%, and the device for 415 MWh.

in 2018, tesla developed 1. 04 GWH storage business, is almost three times the 358 MWH energy storage business in 2017, reached a new milestone.

in the fourth quarter of 2018 energy storage project of 225 MWH, fell 6%, but still increased by 57% than the fourth quarter of 2017.

pv and energy storage sales weak influence the gross margin calculated according to us gaap, 17 with the previous quarter. , compared to 2% gross margin fell to 11. 5%.

tesla also revealed that the world has more than 50000 locations to install the Powerwall tesla, namely household energy storage batteries, it encourages users of renewable energy use in the home.

in addition, tesla will also its capital spending plan from $2 billion & ndash; — $2. 5 billion to $1. 5 billion & ndash; — 2 billion dollars. The money will be used in company & other; Major projects throughout the &; Development, including complete its Giga in Shanghai Factory, ModelY SUV, and Tesla Semi trucks, and extend the Tesla supercharger and service network.