Part 11/12:
The total addressable market for energy storage could reach half a trillion dollars by 2030. Currently, many Wall Street analysts have yet to fully price in Tesla’s energy business, representing a potential undervaluation. As Tesla scales production and demonstrates profitability, Wall Street might revalue Tesla’s stock more favorably, recognizing the substantial contribution of energy storage to future revenues.
Investment Implications
Investors should watch Tesla closely as its energy division gains prominence. The scaling of Mega Pack manufacturing and the resulting revenue and profit streams could significantly boost Tesla’s overall valuation. This diversification beyond automobiles positions Tesla as a comprehensive energy and transportation technology company.