Tesla unveils Megapack 3 and new Megablock that will slash construction costs by 40 pct

Tesla has unveiled its next-generation utility storage products, the Megapack 3 and the Megablock, which the company says will slash both installation times and construction costs.

The Megapack 3 pushes the system’s power capacity from 3.9 megawatt-hours (MWh) up to 5 MWh, incorporating a…