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Good point. Right now it's not much, but I think the valuation is based on the speculation that it could soon be a lot. Right now revenue from energy storage r
by grecy 7y ago
Good point. Right now it's not much, but I think the valuation is based on the speculation that it could soon be a lot.
Right now revenue from energy storage resembles Tesla's auto business in 2013[1].. so if it grows at the same rate...
[1] https://twitter.com/kerooke/status/1222637828741439488 https://twitter.com/kerooke/status/1222637828741439488
- xkjkls 7y agoTheir solar business, which they purchased, has declined every year since the acquisition
- jlbooker 7y agoUntil now. "The company marked a 26% quarter-on-quarter increase in solar installations" https://cleantechnica.com/2020/01/29/tesla-energy-lifts-off-with-26-qoq-increase-in-solar-136-yoy-increase-in-storage/ https://cleantechnica.com/2020/01/29/tesla-energy-lifts-off-...
- xkjkls 7y agoQoQ. They still showed a YoY decline for 2019. And that's in a market that's been expanding, so they've significantly lost market share.