In this video I'll walk you through my estimate for how many megapack factories Tesla will need to build. In short, about 6 to 13 in the next 10 years, which may eventually double or triple Tesla's market cap.
This is Video #2 of the Grid Storage Series.
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*Timeline*
00:00 Introduction
01:06 Master Plan Part 3 // U.S. Terawatt hour Estimate
02:50 NREL // The Four Phases of Storage Deployment
05:07 NREL // Trimming the Four Phases Model
06:22 The Four Phases // My Edits
07:59 The Four Phases // Deployment Years
10:45 The Four Phases // Power and Energy Deployment
14:46 The Four Phases // Factoring in Battery Life
18:02 How Many Megapack Factories Does Tesla Need?
22:34 The Risks
23:48 Summary
24:52 Bonus // Megapack Factories to be Built by Country and Year
Intro Music by Dyalla: Homer Said
Tesla's Megapack, with its ability to store and supply large amounts of renewable energy, has the potential to revolutionize the energy industry and contribute to a more sustainable future Questions to inspire discussion What is Tesla's Megapack? —Tesla's Megapack is a grid-scale energy storage product that can store and supply large amounts of renewable energy, revolutionizing the energy industry. How does Tesla maintain a consistent energy supply? —Tesla uses a bucket system to stockpile energy from renewable sources like wind and solar, allowing for a consistent energy supply. What is the benefit of Megapacks during high demand? —Megapacks can store...
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I worked at Tesla starting in July of 2017 as an Operations Analyst out of the Bethlehem, PA distribution center facility and left as a Program Manager based out of Austin, TX as of September 2021. I spent most of my time in the distribution and supply chain organizations.
Before Tesla, I was a Director of Business Intelligence and Pricing at the largest Pet Food & Supply distributor in the US, Phillips Pet Food & Supplies based out of Easton, PA. My wife and I also owned a small business in Bethlehem, PA between 2016 and 2019.
I have been a shareholder of Tesla since 2012 and currently own Tesla stock. Nothing I say constitutes as investment or financial advice.
My thoughts are my own and are not representative of everyone who currently works, or has worked at Tesla.
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As always, in this video I'm just sharing my thinking process and my reasoning. Keep using your own brain. Don't be a sheep. 🐑
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Tesla's energy sector growth and potential for significant contribution to the company's bottom line is being overlooked, with massive demand for storage and good margins making it a strong business opportunity Questions to inspire discussion What are the implications of Tesla's accounting for Mega packs? —Tesla's accounting for Mega packs has significant implications for the energy business, with unearned revenue and deferred recognition of revenue milestones. How could Tesla's profit margins be impacted by revenue recognition changes? —The matching principle in revenue recognition has changed, allowing for costs to be recognized separately from revenue, impacting Tesla's profit margins. What is...