EV giant Tesla Inc (NASDAQ:TSLA) said on Tuesday that it deployed 9.4 Gigawatt-hours of energy storage products in the second quarter, marking its highest quarterly deployment yet, and a jump of ...
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Tesla's Energy Storage Business Is Quietly Growing at Triple-Digit Rates. Is This the Company's Next Growth Engine?
After years of being viewed as an intriguing side project, Tesla's (NASDAQ: TSLA) energy business is starting to look like the electric-car company's most underappreciated growth engine. In 2024, ...
Tesla reported blowout earnings this week, but its biggest growth driver wasn't cars or robots. Its energy business grew by 52% year over year, earning over $7 billion in revenue so far in 2024. Elon ...
Tesla car sales took a dip last quarter, but its home power packs are selling well. Tesla's energy storage business is hitting record after record, even though it too suffered a revenue drop. With a ...
Tesla’s TSLA core electric vehicle (EV) business is under pressure as weakening demand and stiff competition are weighing on sales. CEO Elon Musk’s political involvement is also working against ...
EV giant Tesla Inc. (NASDAQ:TSLA) reported a whopping 100% year-on-year jump in revenue from its energy generation and storage segment in the second quarter, even as revenue from the automotive ...
Even Tesla’s energy storage business, which has been a small, yet notable bright spot, can’t escape the cloud that’s hanging over the company. For the second consecutive quarter, deployments of its ...
While Tesla’s vehicle delivery results were disappointing, there was still good news in the report: Tesla’s energy storage business continues to boom. Originally, at the beginning of a new quarter, ...
While most investors are focused on Tesla's electric cars, the company's fastest-growing product category is hiding in plain sight. For investors still focused solely on Tesla vehicles like its ...
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