Nextbigfuture has calculated and projected the contribution of Tesla Energy to Tesla financials and approximated share price contribution.
Until earlier this week there was no contribution to the share price. Energy has been profitable but the $300-400 million of gross profit was less than 10% of the $3-4 billion of gross profits.
However, Tesla Energy has increased 132% in one quarter. This contributes nearly one billion toward profits in the quarter. This is significant profit that is increasing quickly. This means analysts cannot ignore Tesla Energy. It must be projected and the projection adds to Tesla stock valuation.
Having Megapack Energy and cars also stabilizes Tesla profits and growth. If cars slowdown then Energy can continue to provide more growth and profits. If cars surge with new car models then Energy will still provide stable profits.
The Full self driving and various AI contributions and lines of business are also near. They could also flip into meaningful contribution in August 2024 orthe fourth quarter.
I talk about my Tesla Energy breakdown in a Twitter video which I will have on Youtube tomorrow morning. There is the confirmed transition beyond to adding Energy, Adding full self driving, adding robotaxi, adding Distributed AI inference and more.
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