Everyone wants a piece of Tesla’s battery business
TechCrunch·June 10, 2026
Automakers such as GM and Ford are entering the energy storage business due to increasing electricity demand from AI data centers. This shift is driven by the need for reliable and efficient energy storage solutions, a market where Tesla has established a strong presence. As a result, companies are now competing to capture a share of the growing energy storage market, with Tesla's battery business being a key target. The expansion into energy storage is a strategic move for automakers to diversify their offerings and stay competitive.
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