Part 2/7:
Moreover, Tesla's energy division, particularly its MegaPack business, is witnessing explosive growth rates of 113% and 70% in the last two quarters. This division is becoming increasingly essential, especially in regions integrating renewable energy solutions—highlighted by developments in Spain. The profitability and growth of MegaPack solidify it as Tesla's most lucrative sector.
With 500,000 manufacturing jobs remaining unfilled, Tesla plans to augment its workforce with thousands of robots on factory floors by year's end. These developments indicate that Tesla is re-establishing its position in the market, and recent stock price increases reflect shareholder optimism, with shares rising from around $240 to $350.