Entering the energy storage business the stock price rose by the daily limit

Why did solar stocks rise Thursday?

Solar stocks rose Thursday after Tesla announced record-high energy storage deployments in the fourth quarter. The electric vehicle producer also makes batteries for customers looking to store solar energy. The announcement comes after a Tesla gigafactory in Shanghai reportedly began trial production earlier this week.

How can energy storage help a business grow?

Specifically, the part of the business that deals with storing energy—helping to save energy and use it more efficiently during times of high and low demand—has a lot of room to grow. It could move from just serving homes to also helping industries like data centers.

Is energy generation & storage's gross margin measurable?

Quarter over quarter, Energy Generation & Storage's gross margin declined from a little over 12% to just under 11% . GM% of 50% is fantasy @notasmidgeon Thanks for this reminder. @Gaucho None of the margins discussed in this article are remotely measurable. When you see the actual financials, the reality is not even close.

What is the'sweet spot' for energy storage in 2025?

The “sweet spot” is the technologies that are getting ready to move right now. In 2025, energy storage is one area to consider. Demand for data centers driven by AI is a key factor. The World Economic Forum cites that battery storage climbed 20% to exceed $50 billion in 2024.

How much EPs will storage add in 2024?

"It is expected that storage will add $3.50 EPS in 2024." More fantasy! No one, with the exception of you, expects that. Nothing remotely close to your presumed stationary storage profitability levels (50% GM% and $3.50 EPS) has ever even been implied in TSLA's filing or on the CCs. Why write in the third person, passive voice???