Tesla said that as a result of manufacturing efficiencies and improvements to its installation processes, its energy storage gross margin improved "materially" in the third quarter. Despite media attention focusing mostly on sales of Tesla 's Q3 car, the company's performance in both solar energy and electricity storage contributed significantly to its $ $312 million m Model 3 net income. Solar deployments amounted to 93 MW over the period, an 118% QoQ increase, and may make it the best quarter to date for Tesla 's solar business, according to CEO QoQ . The company also added 239 MWh of battery storage, up 18% QoQ and 118% YoY.
Despite media attention focusing mostly on sales of Tesla 's Q3 car, the company's performance in both solar energy and electricity storage contributed significantly to its $ $312 million m Model 3 net income. Solar deployments amounted to 93 MW over the period, an 118% QoQ increase, and may make it the best quarter to date for Tesla 's solar business, according to CEO QoQ . The company also added 239 MWh of battery storage, up 18% QoQ and 118% YoY.