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Tesla (TSLA) energy revenue hit $3.1B in Q2 2026, up 13% YoY, while capex surged 141% to $5.8B, sending free cash flow to -$1.1B.
Musk called terrestrial fusion 'pet science projects,' predicting solar will supply 100% of global energy, a claim the EIA says tops out near 20% by 2050.
Tesla backs the solar bet with $25B in annual capex and $30B in debt facilities, targeting Megapack 3 volume production in Texas this year.
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