Tesla Expands Energy Business Powering AI Boom

Tesla is shifting its business toward grid-scale energy, with the company’s Megapack batteries and solar plans surging as data centers drive electricity demand, the Atlantic reported on March 4, 2026. Tesla sold $430 million in Megapacks to xAI last year and plans 100 gigawatts of solar production by 2028, while its energy division provided 23 percent of first-half profits.