Part 3/12:
The impact of this expansion could be monumental, with estimates suggesting that it might generate $50 billion in new revenue or about $15 billion in annual profit. To put that into perspective, Tesla's net profit last year was approximately $12.5 billion. Therefore, just these two factories — one in Lathrop, California, and another in Shanghai — could effectively double Tesla's net profit, illustrating the enormous scale of Tesla’s energy ambitions.