The potential upside will come in 2025; with many coming to fruition soon. The megapacks and semis are real and are more profitable than their EVs auto segment. These will grow exponentially to be more than what they are now. Not counting the Optimus, consider what cpst reduction they can achieve with Optimus runnign the 3rd shift -- and the cost of good sold will be a great winner
With such a broad band of potential, Tesla will become a Exxon who EVs will depend on, a Power Utility which will make the legacy Utilities second fiddle, a Grab/Uber combined, a revamped EV supplier of choice, and a future Robot rental company for the elderly (remember the world is aging fast). Jump on the bandwagon while it is still at a reasonable price point. Buy and Hold for retirement and keagacy for the next generation
This is a postitive move for Tesla; buying electricity from Tesla will increase Tesla's profit; I'm sure they will have to pay more as compared to Tesla EVs
General Motors to sell adapters to use Tesla's supercharger EV network
Yes, it is still the premium EV to buy; why would anyone want another Chinese EV when Tesla has proven to be the leder worldwide. That's the mindset of the local Chinese EV buyers
China EV Insurance Registrations for Week Ending Aug 11: Nio 3,300, Tesla 15,500, Xiaomi 3,500, BYD 75,800
Great review and insight. There is still the enerhy business which is a hidden benefit -- and the ramp up of their batteries and cheaper batteries in China will help the Megapack when their new China Megapack factory goes full swing. It's ramp will be similar to how fast they can build their factories and the availability of lower cost materials and labor will greatly help in the mid to longer term
Tesla: This Year's Dip Is A Gift, Zoom Out For The Long Term
Finally, everyone is now aware of what is happening at Tesla.
Tesla is expected to report one of its best quarters in China, according to the latest retail sales data. The company's growth pace, however, is yet to catch up with BYD, which outsold Tesla by more than five times in the January-February period