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TSLAEarnings2026-07-22
Musk compares US generating capacity with average electricity use and describes the role he sees for batteries.
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Elon Musk · Tesla · Tesla Q2 2026 Financial Results and Q&A Webcast
“there's I think around 1.2 or 1.3 terowatts of power production in the US, but the average power usage is only half a terowatt. So you've got two and a half times as much power generation as the average usage. um that means you could potentially double the energy up for the United States just with batteries.”
Key terms
- terowatt (terawatt)
- — A unit of power equal to one thousand gigawatts, used to describe national-scale electricity capacity.
- peak shaving
- — Using stored energy to cover short bursts of very high electricity demand.
Educational summary of a public statement. Not investment advice.