EV giant Tesla Inc. (NASDAQ:TSLA) reported a whopping 100% year-on-year jump in revenue from its energy generation and storage segment in the second quarter, even as revenue from the automotive segment dipped.
What Happened: Tesla on Tuesday reported year-on-year growth of 2% in total revenue for the second quarter to $25.5 billion, despite a 7% drop in revenue from its automotive segment. The fall in revenue from the sale of cars was balanced by the rise in revenue from the company's energy segment which totaled $3 billion.
The company deployed 9.4 GWh of energy storage products in the quarter, marking its highest quarterly deployment to date, and over twice the 4.1 GWh deployed in the first quarter.
Powerwall & @Tesla_Megapack together achieved record storage deployments of 9.4 GWh in Q2 pic.twitter.com/cDO7lS2UP4
— Tesla Energy (@teslaenergy) July 24, 2024
The company is currently ramping up production at its Lathrop Megafactory which is capable of producing 40 GWh of energy storage products a year and also eyeing starting production at its Shanghai Megafactory in the first quarter of 2025.
Tesla's Energy Business Outlook: For the entirety of 2024, the company now expects the growth rate of revenue in its energy business to outpace the automotive business.
The energy storage segment has a strong backlog but deployments will fluctuate from period to period, company CFO Vaibhav Taneja warned during the company's second-quarter earnings call.
As for the automotive segment, Tesla's vehicle volume growth rate is expected to be "notably lower" than the growth rate achieved in 2023, the company said, pinning it down to the focus on launching other products.
Why It Matters: In April, Tesla CEO Elon 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. "I think Tesla might end up doing more total Joules in stationary than mobile long-term," Musk said.
During Tesla's annual shareholder meeting in June, Musk also said that the company is on track to complete a "massive number of energy deployments."
"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," he said.
In 2023, Tesla's energy segment accrued revenues of $6.035 billion, up 54% from 2022.
電動汽車巨頭特斯拉公司（納斯達克股票代碼：TSLA）報告稱，儘管汽車領域的收入有所下降，但其能源發電和存儲領域的收入在第二季度仍同比增長了100％。
發生了什麼：特斯拉週二報告稱，儘管其汽車板塊的收入下降了7％，但第二季度總收入同比增長2％，達到255億美元。汽車銷售收入的下降被該公司能源板塊總收入的增長所抵消，總收入爲30億美元。
該公司在本季度部署了9.4吉瓦時的儲能產品，這是迄今爲止最高的季度部署，是第一季度部署的4.1吉瓦時的兩倍多。
Powerwall 和 @Tesla_Megapack 在第二季度共實現了創紀錄的 9.4 GWh 存儲部署 pic.twitter.com/cdo7ls2UP4
— 特斯拉能源 (@teslaenergy) 2024 年 7 月 24 日
該公司目前正在提高其拉斯羅普大型工廠的產量，該工廠每年能夠生產40吉瓦時的儲能產品，並計劃在2025年第一季度開始在上海大型工廠生產。
特斯拉的能源業務展望：在整個2024年，該公司現在預計其能源業務的收入增長率將超過汽車業務。
公司首席財務官Vaibhav Taneja在公司第二季度業績電話會議上警告說，儲能領域的積壓量很大，但部署將因時而異。
至於汽車領域，特斯拉表示，預計特斯拉的汽車銷量增長率將 “明顯低於” 2023年實現的增長率，將其歸因於專注於推出其他產品。
爲何重要：特斯拉首席執行官埃隆·馬斯克在4月表示，對其固定儲能產品的需求 “非常高”，並暗示從長遠來看，該公司生產的儲能電池可能比汽車多。馬斯克說：“我認爲，從長遠來看，特斯拉在靜止狀態下的總焦耳可能會超過移動設備的總焦耳。”
在6月的特斯拉年度股東大會上，馬斯克還表示，該公司有望完成 “大量能源部署”。
“我們似乎正在追蹤儲能部署和固定包的同比增長200％至300％。所以它很巨大。實際上，限制因素是能夠建造更多的Megapacks和建造更多的Powerwalls，” 他說。
2023年，特斯拉的能源板塊累計收入爲60.35億美元，較2022年增長54％。
