While its electric vehicle (EV) business is contracting, Tesla’s battery energy storage business is shattering its own records both in terms of deployments and revenue. In its Q4 and FY 2024 ...
The battery storage business of Tesla has posted record profits and has more than doubled production in 2024, but CEO Elon Musk admits the company is struggling to balance its battery needs for ...
The company will also seek to improve group profitability by more than 300 billion yen ($1.93 billion) and achieve a return on equity of over 10 per cent by the fiscal year ending March 2029 ...