Sky_Blue The energy storage potential for Tesla (NASDAQ:TSLA) remains very vibrant and very much underestimated. The company’s target remains that autos will represent just 50% of revenue. As Elon Musk stated at the 2021 Shareholders meeting: Over time we think the demand for stationary storage is going to be at least as high as the demand for vehicles The situation with energy storage remains analogous to that of autos for the company. Tesla cannot meet surging demand. The company is far and away the largest BEV manufacturer and had record auto production in June. When they do, revenues will soar still further. The huge potential applies to both commercial projects and residential projects. Tesla’s new factory in California manufacturing “Megapacks” should be the game-changer on the commercial side. Reports suggest that the Lathrop facility is effectively completed and Tesla is…
Tesla Stock: Energy Storage Should Drive Growth Faster (NASDAQ:TSLA)
