Tesla has announced that it produced its one millionth Powerwall. An impressive milestone that is, unfortunately, overshadowed by some questionable math.
Powerwall is by far the most popular home battery pack system, especially in North America.
It has popularized residential energy storage and made it now ubiquitous with new rooftop solar energy installations in the US.
Tesla managed to significantly ramp up production and installations in the last few years.
Advertisement - scroll for more contentIn June 2023, Tesla announced that it had installed 500,000 Powerwalls since launching the first version of the product in 2016.
After launching the Powerwall 3 last year, Tesla claimed that it was now producing 700,000 Powerwalls per year.
However, we were confused a few months later when Tesla celebrated producing 1,000 Powerwalls in a single day, considering 700,000 units in a year is twice as many.
Now, Tesla has announced that it has built its one millionth Powerwall:
Here are the timelines of Tesla’s milestones regarding the deployments and production of the Powerwall:
It took Tesla roughly two years to go from 500,000 to 1 million Powerwalls despite claiming to be scalable of producing over 300,000 units per year since 2023 and 700,000 per year since 2024.
We recently noted that Powerwall is not only a highly popular home battery pack, but it is also a best-selling solar inverter, as the latest version, Powerwall 3, includes an inverter.
Kudos to everyone involved in achieving this milestone. It is impressive, and I think Powerwall is a great product.
It’s just sad that it is hard to trust Tesla these days, and the math doesn’t add up here, as explained in this article.
I might be reading too much into this, but it’s my job to track Tesla closely, and therefore, I do note those inconsistencies.
It will be interesting to see what happens with the Powerwall program in the coming months and years with the tariff situation as the product currently relies on battery cells imported from China.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。