Tesla (TSLA) breaks ground on new ‘Megafactory’ to produce Megapack batteries

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Tesla announced that it has broken ground on a new facility called ‘Megafactory’ in Lathrop, California. It will be used to produce Megapacks, Tesla’s biggest batteries for stationary energy storage. As of now, Tesla exclusively produces its battery packs for its energy division, Powerwall, Powerpacks, and Megapacks, at Gigafactory Nevada. But now it looks like […]

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