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TSLAEarnings2026-07-22
Tesla's finance executive reports energy storage deployments and the direction of profitability in that business.
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Viva Teneza · Tesla · Tesla Q2 2026 Financial Results and Q&A Webcast
“In Q2, we deployed 13.5 gatt hour of energy storage, a 53% sequential increase and the second largest quarter for energy business. Despite this growth, energy gross margins declined from 39.5% to 20.4%.”
Key terms
- gross margin
- — The share of sales left after the direct cost of making the product.
- sequential increase
- — Growth compared with the immediately preceding quarter rather than a year earlier.
- gigawatt hour
- — A measure of stored energy capacity; one gigawatt hour could power a gigawatt of demand for one hour.
Educational summary of a public statement. Not investment advice.