Musk, Tesla and of shareholders
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Tesla Is Set to Buy $2 Billion in Energy Storage Systems Batteries. What Does That Actually Mean for TSLA Stock?
Tesla (TSLA) continues to make headlines—not just for its electric vehicles, robotaxis, and robotics, but for its fast-growing energy business, one of the few bright spots in its latest earnings report.
Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for 'paving the path.'
Revenue Contribution: In Q3, Tesla’s energy division generated $3.4 billion in revenue, marking a 44% year-over-year increase, despite being production-constrained due to battery supply issues.
More than 75% of Tesla shareholders voted to approve a staggering pay package for Chief Executive Elon Musk that could award him $1 trillion.
In October, Tesla (TSLA) sold only 750 electric vehicles in Germany, Europe’s largest economy. The October sales were down 53% from the 1,607 electric vehicles Tesla sold within Germany in the same month of 2024.