Tesla has officially opened orders for its next-generation Powerwall 3 battery on its website, after the company spent much of last year quietly deploying the new hardware.
You can now order a Powerwall 3 from Tesla directly through its website in the U.S., offering updated specs from the previous generation Powerwall 2. Tesla listed the specs for the updated energy storage hardware on its website in September, and it also caught the attention of CEO Elon Musk, who commented on the generation’s improvements after some Powerwall 3 installations had already been spotted.
At the time of writing, the Powerwall 3 doesn’t appear to be available in other North American markets, Canada and Mexico, nor does it appear to be available in Europe or Asia.
PW3 is optimized for ease of installation & high power, which means that a single Powerwall can serve as an uninterruptible power supply for most homes.
This is a big deal for ensuring that the lights stay on and you can power all your devices in the event of a power outage.
— Elon Musk (@elonmusk) September 8, 2023
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Still, this is the first time that it’s been possible to purchase a Powerwall 3 through the Tesla website, and it appears you can no longer purchase a Powerwall 2. Tesla also made some price cuts to the Powerwall 2 in late September, seemingly indicating that the company was preparing for the product’s official launch.
The major difference from the Powerwall 2 are that the Powerwall 3 includes a built-in solar inverter and system controller, which the previous generation did not. In addition, Tesla says the Powerwall 3 is scalable up to four units, while the Powerwall 2 is scalable up to 10 units, potentially making it a better option for large-scale commercial projects that may or may not also require the built-in solar inverter. Musk also highlighted the peak power capacity of the Powerwall 3 as a major selling point for the new generation energy storage equipment in a recent post.
What matters most about Powerwall 3 is that it can handle peak power of ~30kW, which is enough to handle dryers & air-conditioners.
This means that a single Powerwall is now enough for most homes. https://t.co/UOKkkpVJCT
— Elon Musk (@elonmusk) February 16, 2024
Users who have Powerwalls often report significant savings on utilities bills and the ability to keep the lights on during outages and other times of peak electricity demand. In some areas, solar and Powerwall owners can also participate in Tesla’s Virtual Power Plant (VPP) pilot programs, which essentially let you create massive, distributed batteries with other Powerwall owners to sell electricity back to the grid during peak-demand periods.
You can see the specs for the Powerwall 3 and last-generation Powerwall 2 below, as can be found on Tesla’s website.
Powerwall 3 |
Powerwall 2 |
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Energy Capacity -->
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13.5 kWh
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13.5 kWh*
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| On-Grid Power-->
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11.5 kW continuous
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5 kW continuous
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| Backup Power
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11.5 kW continuous 185 LRA motor start Seamless backup transition |
7 kW peak 106A LRA motor start Seamless backup transition |
| Scalable
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Up to 4 units-->
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Up to 10 units
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| Inverter
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Solar-to-grid efficiency 97.5% 6 solar inputs with Maximum Power Point Trackers |
not included
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| Size and Weight
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43.25 in x 24 in x 7.6 in 287 lbs |
45.3 in x 29.6 in x 5.75 in 251.3 lbs |
| Installation-->
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Integrated inverter and system controller -4°F to 122°F Flood and dust resistance^ |
Floor or wall mounted Indoor or outdoor -4°F to 122°F |
| Warranty
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10 years
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10 years
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| Notes:
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^Flood resistant to over 2 ft.-->
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*See Powerwall 2 Technical Specifications for more details
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Updated 2/17/24: Added CEO Elon Musk’s post on X following the announcement.
Tesla’s California Virtual Power Plant has quietly ramped to an estimated 5.7k homes
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.
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News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
-->This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
-->For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
Tesla sees sharp November rebound in China as Model Y demand surges
