Tesla(US:TSLA) Benzinga·2026-01-15 09:47Core Insights - Tesla Inc. has launched a new Lithium Refinery in Texas to enhance battery production and localize supply chains [1][2] - The facility is the first "Spodumene to Lithium Hydroxide refinery in North America," which is significant for lithium sourcing [3] - Elon Musk has described the facility as the "largest Lithium refinery in America" and "the most advanced lithium refinery in the world" [4] Tesla's Sales Performance - The Tesla Model Y became the best-selling EV in the U.S. in 2025, with sales exceeding 357,528 units, while the Model 3 sold over 192,440 units [4] - Total sales for the company reached 589,000 units [4] Product Offerings - Tesla introduced a 7-seater version of the Model Y SUV in the U.S., available for an additional $2,500 [5] - A 6-seater layout version, known as the Model Y L, is offered in China and has been successful in that market [5] Energy Storage Growth - The new lithium facility is expected to support Tesla's energy storage business, which achieved record deployments of 14.2 gigawatt-hours in Q4 [6] - This growth represents a new crucial revenue stream for the company [6] Stock Performance - Tesla's stock (TSLA) declined by 1.79% to $439.20 at market close, with a further drop of 0.27% to $438 in after-hours trading [7]