Elon Musk's EV Giant Will See Revenue From Its Auto Business Slumping This Year, But Tesla 'May Hold Some Important Cards In The Evolution Of The US Grid,' Says Analyst
Elon Musk's EV Giant Will See Revenue From Its Auto Business Slumping This Year, But Tesla 'May Hold Some Important Cards In The Evolution Of The US Grid,' Says Analyst
Morgan Stanley analyst and Tesla Inc bull Adam Jonas forecasts Tesla's revenue from its energy segment to rise this year as its core EV business witnesses a revenue fall.
大摩資源lof分析師Adam Jonas預測，隨着特斯拉核心電動汽車業務營業收入下降，其能源化工業務的營業收入今年將上升。
What Happened: Jonas values Tesla Energy at $36 per share of his $310 price target for the company. The bull is optimistic for the segment and expects it to add over $1 in earnings per share by 2030 excluding incentives.
發生了什麼：根據喬納斯的估值，他預計特斯拉能源的價值爲每股36美元，這是他爲特斯拉設定的310美元股價目標的一部分。這位分析師對能源業務持樂觀態度，並預計到2030年，該業務每股收益將超過1美元，不包括激勵措施。
The analyst said in a note on Tuesday that the acceleration in the field of generative AI will create an increase in demand for energy which Tesla is well positioned to benefit from.
這位分析師在週二的一份報告中表示，生成式人工智能領域的加速將創造對能源的需求增加，而特斯拉已經處於良好的獲益地位。 「我們認爲，特斯拉在分佈式能源發電（太陽能）和儲能（Powerwall/Megapack）方面的能力，在美國電網的發展中可能具有一些重要的作用。」喬納斯表示，並補充說，他預計特斯拉的能源業務在2024年全年將產生70億美元的營收，比2023年增長近20％。然而，分析師預測汽車業務的收入將下降。
"We believe that Tesla's capability in distributed energy generation (solar) and storage (powerwall/ megapack) may hold some important cards in the evolution of the US grid as energy usage of compute/ data grows," Jonas wrote while adding that he expects Tesla's energy segment to generate $7 billion in revenue for the full year 2024, up by nearly 20% from 2023. Auto revenues, however, will go down, the analyst predicted.
喬納斯還預計，特斯拉的能源業務利潤率將在今年超過特斯拉汽車業務的利潤率。
Jonas also expects Tesla Energy margins to surpass Tesla Auto margins this year.
爲什麼重要：2023年，特斯拉的能源業務營收爲60.35億美元，比2022年增長了54％。
Why It Matters: In 2023, Tesla's energy segment accrued revenues of $6,035 million, up 54% up from 2022.
今年1月，該公司表示，預計到2024年，其能源儲存業務的部署和收入增長率將超過汽車行業。該公司表示，部署將不穩定，並受到物流和產品全球分銷的影響，同時補充說，它仍然預計在12個月的基礎上持續增長。
In January, the company expressed expectations for the growth rate of deployment and revenue in the energy storage business in 2024 to surpass that of the automotive sector. Deployments will be volatile and impacted by logistics and global distribution of products, said the company, while adding that it still expects continued growth on a twelve-month basis.
對於第一季度，特斯拉透露，它部署了4053兆瓦時的儲能產品，這是迄今爲止它最高的季度部署，同比增長了4.2％。
For the first quarter, Tesla disclosed that it deployed 4,053 MWh of energy storage products, representing its highest quarterly deployment to date and a year-on-year increase of 4.2%.
今年4月，馬斯克表示，其靜止能量存儲產品的需求“非常高”，並暗示公司可能在長期內製造更多的儲能電池，而不是汽車。馬斯克說：“我認爲特斯拉可能會在靜止能量方面做更多的總焦耳長期指標。”
In April, Musk said that the demand for its stationary energy storage products is "super high" and hinted that the company might make more batteries for energy storage than cars in the long term.
本月早些時候，在特斯拉的年度股東大會上，特斯拉首席執行官埃隆·馬斯克表示，該公司正在按計劃完成“大量的能源配置”。馬斯克說：“我們似乎在能源儲存部署和靜止式電池方面正在跟蹤達到200％至300％的同比增長。這是非常大的。而限制因素實際上是能否建造更多的Megapack和Powerwall。”
"I think Tesla might end up doing more total Joules in stationary than mobile long-term," Musk said.
馬斯克說：“我認爲特斯拉的靜態儲存總焦耳可能會比長期的移動儲存總焦耳更多。”
Earlier this month, during Tesla's annual shareholder meeting, Tesla CEO Elon Musk said that the company is on track to complete a "massive number of energy deployments."
本月早些時候，在特斯拉的全年股東大會上，特斯拉首席執行官伊隆·馬斯克表示，該公司正在按計劃完成“大量的能源部署”。
"We seem to be tracking to sort of a 200- to 300-percent year-over-year growth in energy storage deployment and stationary pack. So it's giant. And the limiting factor really is being able to build more Megapacks and build more Powerwalls," Musk said.
馬斯克說：“我們似乎正在跟蹤能源儲存部署和靜態電池的200%-300%的年增長率。所以這是巨大的。而限制因素實際上是能夠建造更多的超級電池和電池牆。”