This is Tesla's most overlooked business

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Jed Dorsheimer News

William Blair,Tesla,Market Domination

William Blair has initiated its coverage of Tesla (TSLA) with an Outperform rating. The bullish call highlights the EV maker's under-appreciated energy...

) with an Outperform rating. The bullish call highlights the EV maker's under-appreciated energy storage business and notes its"Apple-esque" ecosystem. William Blair Group head of the energy and sustainability research sector Jed Dorsheimer joins Market Domination to discuss the call.

And some of the findings are that, you know, the move to renewables which are variable assets are actually increasing the fragility of the grid which is causing a consequence of uh one of Tesla's products, the mega pack um to add storage to actually stabilize the grid. He has said previously, if you don't see Tesla as a self driving car play, you shouldn't be owning the stock.

And so this is an area that we're bringing um focus to that doesn't, that is often overlooked, it does not get a lot of attention.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in AU

Australia Australia Latest News, Australia Australia Headlines