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$Tesla (TSLA.US)$ [Share Link: Tesla Hosts “Tesla Energy Tec...

“Tesla Motors Japan,” which is the Japanese corporation of Tesla leading the global electric vehicle shift, changed its name to “Tesla Japan.” The global promotion event “Tesla Energy Tech Talk” was held for the first time in Japan. I will deliver the report for the 2nd day held in Nagoya.


Towards business development beyond the boundaries of automobile manufacturers
On 2024/5/21, it was announced that “Tesla Motors Japan LLC,” which is Tesla's Japanese subsidiary, has changed its name to “Tesla Japan LLC” as of 5/20. The changes are clear at a glance. “Motors,” which means “automobile,” has disappeared from the company name.
At the American headquarters, the company name has already been changed from Tesla Motors, Inc. to “Tesla, Inc.” as of 2017/2/1. Removing “Motors” from the company name is a clear statement of intent that Tesla is not just an automobile manufacturer, but a company with a mission to “accelerate the global transition to sustainable energy.”


Tesla has been providing “Super Charger” networks, which are fast charging stations for in-house EVs, and “wall connectors” for home and destination charging as in-house products. Furthermore, storage battery products such as the household storage battery “Powerwall” and the industrial storage battery “Megapack” are being developed. Although not sold in Japan, we also have a lineup of photovoltaic panels named “Solar Roof” as our products, and while developing programs for storage battery control, we are also focusing on VPP (Virtual Power Plant = Virtual Power Plant) projects around the world.
In other words, Tesla is not just an automobile manufacturer, but an enterprise that develops energy-related businesses as the “axis” for achieving missions. Sales and profit declined compared to the same period last year, and “is the EV shift also a landing ground?” As previously reported, the energy-related business is growing steadily even in the financial results for the first quarter of 2024, which were messed with by media that didn't really like EVs, etc.
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