nativewolf
Active Member
Indeed, pouring cash into bright shiny objects 6 years ago starved both the 4680 development and the development of TE worldwide. There were virtually no players but Tesla did the worst thing possible. Created a market and business model and then did not invest. It is a mind boggling bad. It was at that point that I had my huh moment with Tesla. Today they are a tiny tiny niche player and CATL, LG, Samsung, BYD and many others are racing to fill it along with 100 generic entities.Please understand that the stationary storage market is global. There are numerous major competitors in large scale stationary storage, well documented both here and elsewhere. From CATL, Huawei, BYD , and Siemens and so on, noting a lost that includes some you've never imagined:
What many of us fail to recognize is that although Tesla invented the Autobidder and established the Hpornsdale Power Reserve, the rest of the world has been rapidly developing and now is far more wides[read than has been Tesla.7 Battery Energy Storage Companies and Startups - GreyB
This report will discuss some major companies and startups innovating in the Battery Energy Storage System domain.www.greyb.com
Indeed Tesla Energy has a bright future, which would have been much brighter had TE ramps been far faster and the sales and service functions and been staffed to support finicky public utility and commercial customers. Yes, growth, but much of that growth has been taken by those dozens of competitors.
Tesla will expand but what an opportunity missed. This would have dramatically moved the sustainability needle, it would have shifted the solar market forward by several years & shuttered many many more old plants.
I remain unconvinced as to either the profits nor sustainability outcome of TaaS. Energy though was perfectly aligned with very little capital required.