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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US. Among these, there are several different types of energy storage systems as well as multiple alternative hybrid design options available. Each option has its own strengths and weaknesses.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

And energy storage deployments: the Megapack, in particular, reached an all-time high in Q1 leading to record profitability for the energy business, and that looks likely to continue to increase in the quarters and years ahead. Our energy business continues to make meaningful progress with margins reaching a record of 24.6

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