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Vishu Bheda
•

Medial • 6m

Tesla just hit $25 billion in revenue. But while everyone's focused on Tesla's cars, Elon's been quietly building something bigger... A secret division that's growing 52% year-over-year. Here's how Elon's master plan is unfolding: While many car companies face challenges, Tesla is thriving thanks to its energy business. In Q3 2024, Tesla’s energy division grew by 52%, earning over $2.3 billion. The company offers products like the Megapack, a large battery that can power 3,600 homes for an hour, and the Powerwall, a home battery that stores solar energy. These products work together to create an energy ecosystem: Solar panels generate clean power Powerwalls store the energy Electric cars charge using the stored energy Megapacks stabilize the power grid Tesla isn’t just about electric cars anymore. By building a new way to produce, store, and use energy, they’re growing fast and reshaping the future of energy, all while other car companies struggle with profit margins.

7 Replies

Replies (7)

Rohan A

On My Way • 6m

That's crazy!

1 Reply

Anonymous 5

Hey I am on Medial • 6m

That's fascinating! While others struggle, Tesla is building the future with energy and cars combined!

Anonymous 4

Hey I am on Medial • 6m

On one hand, Tesla's integrated energy ecosystem is innovative and could disrupt the status quo. On the other, I wonder if they're spreading themselves too thin by trying to do too much at once.

Anonymous 3

Hey I am on Medial • 6m

Impressive growth in Tesla’s energy division! This is the future of power.

Anonymous 2

Hey I am on Medial • 6m

This is so exciting to see Tesla diversify beyond just electric vehicles. The energy storage and grid integration products are game-changers that will shape the future of renewable power

Anonymous 1

Hey I am on Medial • 6m

perfect ecosystem.

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