HyperChange | Tesla Energy & Supercharger Profits Are BOOMING 🔋🔌 @HyperChangeTV | Uploaded December 2023 | Updated October 2024, 16 hours ago.
Tesla recorded $500M+ in gross profit from its Energy and Services (Supercharging) segments in Q3 2023. Elon Musk noted how strong energy gross margins were on the call, and insinuated strength in these businesses will continue. I think this is a super exciting development for Tesla investors as the company can smooth out cyclicality in it's automotive business with consistent profits from its Energy and Services + Other segments. As the Supercharger network is opened up to more companies like Ford and Rivian, this could become a major profit driver for the company.
Tesla financial data from Main Street Data (10% off premium with code 'hyperchange'): mainstreetdata.com/TSLA
My Twitter: twitter.com/gfilche
My Instagram: instagram.com/gfilche
HyperChange Patreon :) patreon.com/hyperchange
Disclaimer: I'm long Tesla stock.
Tesla recorded $500M+ in gross profit from its Energy and Services (Supercharging) segments in Q3 2023. Elon Musk noted how strong energy gross margins were on the call, and insinuated strength in these businesses will continue. I think this is a super exciting development for Tesla investors as the company can smooth out cyclicality in it's automotive business with consistent profits from its Energy and Services + Other segments. As the Supercharger network is opened up to more companies like Ford and Rivian, this could become a major profit driver for the company.
Tesla financial data from Main Street Data (10% off premium with code 'hyperchange'): mainstreetdata.com/TSLA
My Twitter: twitter.com/gfilche
My Instagram: instagram.com/gfilche
HyperChange Patreon :) patreon.com/hyperchange
Disclaimer: I'm long Tesla stock.
