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TSLAEarnings2026-07-22

The speaker reported the quarter's energy storage deployments alongside a decline in energy gross margins.

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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%.

Transcribed from the source video. Automatic captions, corrected for known mis-transcriptions.

Key terms

gigawatt hour (GWh)
A unit of energy capacity; used here to measure how much battery storage was installed.
gross margin
Revenue left after the direct costs of producing goods, expressed as a percentage of revenue.

Educational summary of a public statement. Not investment advice.