If Warren Buffett is the Oracle of Omaha, then Elon Musk is the Mystic of Moonshot Technologies. We’re no fanboys of the Tesla (TSLA) and SpaceX CEO, but we give the man his due in spite of his occasional impersonation of the Mayhem guy in the Allstate commercials. While most of the focus is on sexy stuff like electric vehicles (EVs) and rocketships, it’s easy to forget about Tesla’s energy generation and storage business. For the first nine months of this year, Tesla brought in $36.1 billion in revenues, only 6% of which came from their energy storage endeavors. However, that still represents $2.1 billion worth of revenues, up 69% based on the same time frame in the year prior. Much of the growth we’re told comes from energy storage solutions, not generation.
That tells us better than any dime-a-dozen market report that demand is strong for energy storage systems,…