With the release of its results, Tesla always disclosed the amount of energy storage and solar power it deployed during the last quarter.
The company confirmed that it deployed 66 MW of solar and 3,653 MWh of energy storage in Q2 2023:
The energy storage deployment is down a bit from last quarter, but it is up over 200% from last year.
Tesla wrote about it:
Energy storage deployments increased by 222% YoY in Q2 to 3.7 GWh, another strong quarter due to the ongoing ramp of our first dedicated Megapack factory (Megafactory) in Lathrop, CA. The ramp of this 40 GWh Megafactory â the first of many â has been successful with still more room to reach full capacity. While energy storage deployment rate can be volatile due to project timing, production rate improved further sequentially in Q2.
Andrew Baglino, SVP of Engineering at Tesla, elaborated on Teslaâs energy storage division.
More specifically, the executive said that the last assembly line at the Megafactory is coming online next year to reach full 40 GWh annual production:
Megapack continues to show strong demand globally, with Lathrop ramping successfully to meet our contracted projects in 2023. As stated last quarter, Megapack margins are in a reasonable place in line with our target market â vehicle target margins. The second final assembly line at Lathrop is progressing on schedule, eventually doubling Lathrop capacity ahead of our full factory ramp in 2024.
On the solar side, though, things are not looking as rosy, and Tesla is blaming it on the interest rate:
Solar deployments remained roughly flat sequentially at 66 MW, declining YoY, predominantly due to a high interest rate environment that is causing postponement of solar purchasing industry-wide.
Teslaâs solar deployment is down 38% year-over-year, but the company delivered roughly the same amount of solar quarter-to-quarter.
The company doesnât disclose how much of that solar deployment is from rooftop solar panels or solar roofs.
Lately, Tesla appears to be focusing its energy business more on the electricity retailing side of things with controllable loads side with its Tesla Electric and Charge on Solar products.
If you are looking to install solar on your own home, to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage. EnergySage is a free service that makes it easy for you to go solar â whether youâre a homeowner or renter. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20 to 30% compared to going it alone. Plus, itâs free to use, and you wonât get sales calls until you select an installer and share your phone number with them. EnergySage can help you compare quotes with solar installers who carry Tesla Powerwalls and even Tesla Solar in some markets.
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A new review of US Energy Information Administration (EIA) data by the SUN DAY Campaign reveals that solar delivered almost 9% of US electricity in the first half of 2025. Wind and solar combined produced just over one-fifth of the countryâs electricity, while renewables as a whole hit nearly 28%.
Solarâs record-breaking growth
EIAâs latest monthly Electric Power Monthly report (with data through June 30, 2025) confirms that solar kept its streak as the fastest-growing major source of US electricity. In June 2025 alone, solar soared. Utility-scale solar power plants cranked out 30.1% more electricity than in June 2024, while rooftop and other small-scale solar systems grew by 10.5%. Combined, solar generation jumped 25% year-over-year and made up 10.2% of US electricity that month.
Looking at the first six months of 2025, utility-scale solar expanded by 37.6%, and small-scale systems rose 10.7%. Together, they grew nearly one-third (29.7%) compared to the same period in 2024. That meant solar provided 8.7% of all US electricity in January-June, up from 6.9% the year before.
Thatâs a milestone: Solar is now producing almost 45% more electricity than hydropower (6.0%), and itâs generating more than hydropower, biomass, and geothermal combined.
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Wind is still a front-runner
Wind turbines supplied 11.6% of US electricity in the first half of 2025 â a 2.4% boost compared to the same time in 2024. Windâs output was almost double hydropowerâs contribution.
Wind + solar are beating coal and nuclear
Together, wind and solar accounted for 20.3% of total US electricity in the first half of 2025, up from 18.6% last year. Thatâs a bigger share than coal or nuclear. In fact, wind and solar generated 25% more electricity than coal and 15.6% more than nuclear over the same period.
Renewables overall are surging
All renewable sources combined â wind, solar, hydropower, biomass, and geothermal â generated 27.7% of US electricity from January through June 2025, up from 26.1% a year ago. Their output grew three times faster than total US electricity generation overall (9.2% vs. 3.0%). Renewables are now second only to natural gas, whose generation actually dropped 3.7% in the first half of the year.
Ken Bossong, executive director of the SUN DAY Campaign, added that this growth happened before the passage of the Trump/Republican âmegabill,â which could slow future renewable expansion. âNonetheless, EIA notes that US developers expect half of new electric generating capacity to come from solar in 2025 and another 13% from wind.â
The 30% federal solar tax credit is ending this year. If youâve ever considered going solar, nowâs the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, itâs free to use, and you wonât get sales calls until you select an installer and share your phone number with them.Â
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The new and improved Hyundai IONIQ 5, or the hot-selling Chevy Equinox EV? Which electric SUV makes the smarter lease? Hereâs the rundown.
Over 607,000 electric vehicles were sold in the US in the first half of 2025, thanks to some big discounts. Many automakers are currently offering generous savings, as Trumpâs âOne Big Beautiful Billâ is set to end federal EV incentives at the end of September.
According to Cox Automotiveâs latest EV Market Monitor report, EV incentives reached a record of nearly $8,500 in June, or about 15% off the average transaction price (ATP).
Thatâs more than double the incentives offered on gas-powered vehicles. Seven electric vehicles had an ATP below $40,000, including the Chevy Equinox EV. The Equinox EV was the top-selling EV in the price range.
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Starting at just $34,995, GM calls it âAmericaâs most affordable 315+ range EV.â The electric Equinox has already propelled Chevy to become the number two EV brand in the US behind Tesla.
2025 Chevy Equinox EV LT (Source: GM)
Through the first half of the year, the Chevy Equinox EV accounted for nearly a third of GMâs electric vehicle sales. And it could have sold even more. A dealer in California reached out to Electrek, claiming they had to wait over a month to receive Equinox EV models. Itâs now on track to be among the top three selling EVs in the US.
Chevy Equinox EV interior (Source: GM)
Which EV to lease: Chevy Equinox EV or Hyundai IONIQ 5
With leases starting at just $289 per month, itâs no wonder the electric SUV is flying off the lot. The offer is for 24 months with $3,909 due at signing.
Alternatively, you can opt for 0% APR financing for 60 months, which Chevy is offering on all 2025 electric vehicle models.
2025 Chevy Equinox EV trim
Starting Price
EPA-estimated Range
Monthly lease Price (August 2025)
LT FWD
$34,995
319 miles
$289
LT AWD
$40,295
307 miles
$351
RS FWD
$45,790
319 miles
$416
RS AWD
$49,090
307 miles
$453
2025 Chevy Equinox EV prices, range, and lease price (Including $1,395 destination fee)
The base 2025 Chevy Equinox EV LT starts at $34,995 with up to 319 miles of range. The interior boasts up to 57.2 cu ft of space and a 17.7âł infotainment screen.
How does it compare to the IONIQ 5? Hyundai has upgraded its best-selling electric SUV with major improvements, including increased range (now up to 318 miles), a revamped interior and exterior, and a built-in NACS port to access Tesla Superchargers.
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)
After cutting lease prices again last month, the new and improved 2025 Hyundai IONIQ 5 is now listed at just $179 per month.
In some places, such as California and other ZEV states, Hyundai is offering leases starting at as low as $159 per month.
However, thatâs for the base SE mode, which has an EPA-estimated driving range of 245 miles. The longer-range IONIQ 5 SE RWD, with 318 miles range, can still be leased for just $199 per month right now. Both offers are for 24 months with $3,999 due at signing.
2025 Hyundai IONIQ 5 Trim
EV Powertrain
Driving Range (miles)
Starting Price*Â
Monthly lease price August 2025
IONIQ 5 SE RWD Standard Range
168-horsepower rear motor
245
$42,500
$179
IONIQ 5 SE RWD
225-horsepower rear motor
318
$46,550
$199
IONIQ 5 SEL RWD
225-horsepower rear motor
318
$49,500
$209
IONIQ 5 Limited RWD
225-horsepower rear motor
318
$54,200
$309
IONIQ 5 SE Dual Motor AWD
320-horsepower dual motor
290
$50,050
$249
IONIQ 5 SEL Dual Motor AWD
320-horsepower dual motor
290
$53,000
$259
IONIQ 5 XRT Dual Motor AWD
320 horsepower dual motor
259
$55,400
$359
IONIQ 5 Limited Dual Motor AWD
320-horsepower dual motor
269
$58,100
$299
2025 Hyundai IONIQ 5 price, range, and lease price
Hyundai is also throwing in a complimentary ChargePoint Level 2 home charger with the purchase or lease of a new 2025 IONIQ 5. All IONIQ 5 trims are listed with 1.99% APR financing for up to 60 months.
The 2025 Hyundai IONIQ 5 offers up to 59.3 cu ft of cargo space with a dual 12.3âł driver display and infotainment system setup.
Nissan has officially confirmed the icon will be making a comeback. Although Nissan is no longer building GT-R models, CEO Ivan Espinosa said Godzilla will âevolve and reemergeâ in the future. Hereâs what we know so far.
Nissan confirms the GT-R will evolve and reemerge
It seems like weâve been talking about the next-gen Nissan GT-R for years now. After the last model rolled off the production line at the automakerâs Tochigi plant in Japan on Tuesday, Nissanâs CEO made it clear that the GT-R will be making a comeback.
After bidding farewell to the R35, Espinosa gave the many GT-R fans worldwide hope, saying, âI want to tell you this isnât a goodbye to the GT-R forever.â
He added that itâs Nissanâs âgoal for the GT-R nameplate to one day make a return.â Although this is the end of the line for the R35, the company remains committed to the GT-R nameplate and wants to âreimagine it for a new generation.â
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According to Espinosa, Nissan doesnât have any finalized plans yet, but he promised that âthe GT-R will evolve and reemerge in the future.â
Nissanâs new N7 electric sedan alongside the GT-R (Source: Dongfeng Nissan)
Nissan says the next Godzilla will ensure the GT-Râs legacy lives on, but will pack even more performance. The big question is, what type of powertrain will it arrive with? Will it be electric? A hybrid? Or, will it still be gas-powered?
At the New York Auto Show in April, Ponz Pandikuthira, Senior Vice President and Chief Planning Officer for Nissan North America, told The Drive that the next GT-R will be a hybrid, rather than an all-electric.
Nissanâs new N7 electric sedan alongside the GT-R (Source: Dongfeng Nissan)
However, Nissan previewed an electric GT-R a few years ago with the Hyper Force EV concept. The electric sports car concept was promoted as a âgame-changing hyper EVâ with over 1,300 horsepower (1,000 kW).
All that power is expected to come from solid-state batteries. Just last week, Nissan secured a partnership with LiCAP Technologies to produce all-solid-state EV batteries on a mass scale, one of the biggest hurdles to getting the new technology to market.
Nissan Hyper Force EV concept (Source: Nissan)
Since Nissan aims to launch its first EV powered by solid-state batteries in 2028, we could see the GT-R reemerge as a plug-in hybrid until the technology is ready.
Either way, it will likely be a few years before we see an electrified Godzilla. If it evolves into an EV or hybrid, it remains up in the air for now.
While Nissan says an all-electric GT-R wonât deliver the performance needed to live up to the nameplate, others are proving otherwise. BYDâs first electric supercar, the Yangwang U9, set a new EV speed record this week after hitting nearly 300 mph.
How do you feel about it? Should the GT-R go all-electric? Or will Nissan settle for a hybrid? Drop us a comment below and let us know which one youâd buy.
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