Part 3/10:
In 2024, approximately 73% of batteries produced will be dedicated to vehicles, while energy storage systems will account for 16%. The current global battery production stands at about 1.2 terawatt-hours (TWh), with a forecasted growth rate that could see storage increase from 200 GWh currently to 380 GWh by 2026. Given these projections, Tesla's increasing production capacity could lead to a significant market share.