Tesla Energy Business is Booming
"Tesla is just an automobile company"
Ok but which automobile company has an energy business set to reach $10B in revenues and growing 50%+?
In a few year's time, $TSLA energy business could quite realistically be larger than the automobile business of many legacy autos!
Precedence Research predicts that the global energy storage market will grow with a 14.2% CAGR for the next decade and will reach $219B. Tesla is estimated to have a 15% market share today. A similar market share would result in Tesla earning $33B in a decade just from this segment.
Ok but which automobile company has an energy business set to reach $10B in revenues and growing 50%+?
In a few year's time, $TSLA energy business could quite realistically be larger than the automobile business of many legacy autos!
Precedence Research predicts that the global energy storage market will grow with a 14.2% CAGR for the next decade and will reach $219B. Tesla is estimated to have a 15% market share today. A similar market share would result in Tesla earning $33B in a decade just from this segment.
$Tesla (TSLA.US)$ $Invesco QQQ Trust (QQQ.US)$ $Invesco NASDAQ 100 ETF (QQQM.US)$ $iShares Core S&P 500 ETF (IVV.US)$ $Vanguard S&P 500 ETF (VOO.US)$ $SPDR S&P 500 ETF (SPY.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Roundhill Magnificent Seven ETF (MAGS.US)$ $Trump Media & Technology (DJT.US)$ $Meta Platforms (META.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $Microsoft (MSFT.US)$ $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ $Apple (AAPL.US)$ $Advanced Micro Devices (AMD.US)$ $Palantir (PLTR.US)$ $Super Micro Computer (SMCI.US)$ $Arm Holdings (ARM.US)$ $Eli Lilly and Co (LLY.US)$ $Costco (COST.US)$ $Walmart (WMT.US)$ $MicroStrategy (MSTR.US)$ $Netflix (NFLX.US)$ $Broadcom (AVGO.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment