2024.Q2 IR Report – Tesla Energy Sector

  • The non-automotive business is becoming an increasingly profitable part of Tesla
  • ESS expansion and more car rental customers
  • Non-Automotive Business’ Revenue Growth Expected to Continue
  1. Energy production and storage
  • Megapack and Powerwall achieve record deployment in Q2, recording total energy storage deployment of 9.4 GWh
  • Energy Business Reaches Record Revenue And Gross Profit
    Lasrop Gigafactory Successfully Expands Production In Q2 With Production Records
  • Shanghai Gigafactory Targets To Start Production In Q1 2025
  • Although production is expected to continue to increase, timing of deployment may vary depending on several factors
  • Powerwall 3 successful launch, available in Canada, UK, Germany, outside of US
  1. Services and Others
  • The sequential revenue growth in the services and other business segments was primarily driven by higher gross profit generation from improved service center margins and collision repairs
  • Supercharger Network Continues Expansion, Set To Be Largest Deployment In North America This Year
  • Focus on capital efficiency, congestion relief, and coverage improvement
  • Network To Open To Vitesla EVs, Plans More OEM Onboarding In North America By End Of This Year
  • Network utilization is expected to continue to grow throughout the year, which will drive revenue growth and profit generation
tslaaftermarket

Share
Published by
tslaaftermarket

Recent Posts

Elon Musk: 30 prophecies that penetrate the future

⚡ Elon Musk: 30 prophecies that penetrate the future The End of White Collar: White…

1주 ago

As the won-dollar exchange rate has been

As the won-dollar exchange rate has been surging again, it is close to reaching 1,460…

1주 ago

Tesla Accelerates Global Expansion of Charging Network for Businesses

26/1/10 #TesslerNews Summary Tesla Accelerates Global Expansion of Charging Network for BusinessesTesla said it has…

2주 ago

amid profit-taking sales, led by semiconductor sector

01/08 U.S. stocks close mixed amid profit-taking sales, led by semiconductor sector The U.S. stock…

2주 ago

Tesla Captures First Highway Driving Test of Cybercab

26/1/8 #TeslaNews Summary Tesla Captures First Highway Driving Test of Cybercab• Tesla's self-driving car Cybercab…

2주 ago

U.S. stock markets open for sale on impact of Trump regulatory issues after digesting economic indicators

01/07 U.S. stock markets open for sale on impact of Trump regulatory issues after digesting…

2주 ago