On June 24, Tesla, Sunrun, and Renew Home announced an agreement to deliver over 16 gigawatts of flexible energy capacity to hyperscalers and utilities. On June 25, Tesla announced plans to increase production at its Berlin plant by 20% to 7,500 vehicles per week starting in October, requiring the recruitment of an additional 1,000 employees.
Tesla introduced a new six-seater configuration for its top-selling Model Y in the U.S. to boost sales following the removal of key electric vehicle tax credits.
Read the full storyTesla topped consensus delivery estimates for the quarter, driven by stronger sales in Europe and China, according to reports.
The electric-vehicle maker plans to start the ramp-up in October to meet strong demand for the Model Y and expand its manufacturing footprint in Germany.
Tesla, Sunrun, and Renew Home partner to aggregate millions of residential devices into a 16GW flexible power solution for AI hyperscalers.