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.
电动汽车巨头特斯拉公司（纳斯达克股票代码：TSLA）报告称，尽管汽车领域的收入有所下降，但其能源发电和存储领域的收入在第二季度仍同比增长了100％。
发生了什么：特斯拉周二报告称，尽管其汽车板块的收入下降了7％，但第二季度总收入同比增长2％，达到255亿美元。汽车销售收入的下降被该公司能源板块总收入的增长所抵消，总收入为30亿美元。
该公司在本季度部署了9.4吉瓦时的储能产品，这是迄今为止最高的季度部署，是第一季度部署的4.1吉瓦时的两倍多。
Powerwall 和 @Tesla_Megapack 在第二季度共实现了创纪录的 9.4 GWh 存储部署 pic.twitter.com/cdo7ls2UP4
— 特斯拉能源 (@teslaenergy) 2024 年 7 月 24 日
该公司目前正在提高其拉斯罗普大型工厂的产量，该工厂每年能够生产40吉瓦时的储能产品，并计划在2025年第一季度开始在上海大型工厂生产。
特斯拉的能源业务展望：在整个2024年，该公司现在预计其能源业务的收入增长率将超过汽车业务。
公司首席财务官Vaibhav Taneja在公司第二季度财报电话会议上警告说，储能领域的积压量很大，但部署将因时而异。
至于汽车领域，特斯拉表示，预计特斯拉的汽车销量增长率将 “明显低于” 2023年实现的增长率，将其归因于专注于推出其他产品。
为何重要：特斯拉首席执行官埃隆·马斯克在4月表示，对其固定储能产品的需求 “非常高”，并暗示从长远来看，该公司生产的储能电池可能比汽车多。马斯克说：“我认为，从长远来看，特斯拉在静止状态下的总焦耳可能会超过移动设备的总焦耳。”
在6月的特斯拉年度股东大会上，马斯克还表示，该公司有望完成 “大量能源部署”。
“我们似乎正在追踪储能部署和固定包的同比增长200％至300％。所以它很巨大。实际上，限制因素是能够建造更多的Megapacks和建造更多的Powerwalls，” 他说。
2023年，特斯拉的能源板块累计收入为60.35亿美元，较2022年增长54％。
