Tesla reported strong Q4 results for its Megapack energy storage business, while CEO Elon Musk issued a strategic warning about the necessity of building immediate domestic battery infrastructure to mitigate geopolitical risks.
- Megapack revenue reached $3.8 billion in Q4, representing a significant 25% increase year-over-year.
- Musk emphasized that Tesla's defensive strategy, including building lithium processing facilities, is contributing to the company's projected $20 billion capital expenditures.