Tesla's Energy Division Gains Wall Street Attention
Key Points:
Growing Recognition: Analysts are increasingly valuing Tesla’s energy division, which has been overshadowed by its automotive business.
Valuation Boost: Baird estimates Tesla Energy adds about $41 per share to Tesla's stock value, reflecting strong growth and profitability.
Significant Impact: Morgan Stanley recently increased its price target for Tesla, raising the energy division’s contribution from $36 to $50 per share.
Record Performance: In Q2, Tesla’s energy storage deployment hit a new high, up 132% from the previous record, highlighting its expanding role.
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