
30% Margins Send GM Chasing Tesla's Battery Business
Tesla's Megapack margins are making grid batteries Detroit's next land grab, with GM chasing profits EVs can't match.
Jun 10, 20267 min read0 reactions0 comments
Tag archive

Tesla's Megapack margins are making grid batteries Detroit's next land grab, with GM chasing profits EVs can't match.

GM is spending $900M to push sodium-ion storage into AI data centers and the grid, not just EVs.