Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns 
Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations 
Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations 
Vast Eyes Hong Kong IPO as Chinese AI Unicorn Gains Momentum 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan 
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop 
Telegram Restored on Apple App Store After Temporary Removal 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions 
Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race 
Apple Restores Telegram to App Store After Content Policy Violation 
SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook 
Tesla's Lathrop Megafactory increased Megapack production as Q2 2024 concluded, with 264 units observed in holding areas during a recent survey by a Tesla enthusiast and drone operator on June 28.
Lathrop Megafactory Increases Megapack Production, 264 Units Observed in Recent Survey as Q2 Ends
As Teslarati reported, the Lathrop Megafactory, which manufactures Tesla's primary battery storage unit, the Megapack, is currently in operation as the second quarter of 2024 concludes. A recent survey of the California-based facility suggested this.
Met God in Wilderness, a Tesla enthusiast who has spent an extended period observing the electric vehicle manufacturer's Fremont Factory and Lathrop Megafactory, conducted the survey. During the drone operator's most recent flyover, which took place on June 28, 264 Megapack batteries were observed in the holding areas of the Lathrop Megafactory.
The Tesla Megapack is engineered explicitly for grid-based applications. As indicated on Tesla's official website, the flagship battery unit has two variants: a 2-hour version that can generate 1.9 MW of power and 3.9 MWh of energy and a 4-hour variant that can generate 1 MW of power and 3.9 MWh of energy.
264 Megapacks at Tesla's Lathrop Megafactory Valued at $241.5M, Highlighting Energy Business Growth
The 2-hour Megapack is priced at $983,370 before taxes and installation fees, while the 4-hour Megapack is priced at $915,780 before taxes and installation fees. Given this, the 264 Megapacks at the Lathrop Megafactory during the recent reconnaissance are worth a minimum of $241.5 million before installation charges.
Tesla Energy, a significant and rapidly expanding component of the company, may not be as glamorous as the electric vehicle business, but it plays a crucial role in our operations. Elon Musk reiterated the importance of the Megapack to Tesla's operations during the first quarter earnings call, providing stakeholders with a sense of security about our diversification strategy.
“The Tesla team has done an exceptional job in a challenging environment, and the energy storage deployments of Megapack, in particular, hit an all-time high in Q1, leading to record profitability for the energy business. And this growth trajectory is set to continue in the coming quarters and years. In fact, we are confident that it will outpace the car business, as we anticipated,” Musk said, instilling a sense of optimism about the future of Megapack production.
Photo: Microsoft Bing
