Francis Trapp

Tesla - Energy Growth in Terms even Wall Street can Understand - Q2 2025 As we all know Wall Street seems to only want to view Tesla as a car company. Fine, let's meet then where they are. Based on that here are the trailing 12-month deliveries - 1,679,263 - Wall Street understands this. On a trailing 12-month basis, Tesla hasn't produced any growth in the auto business and Wall Street see therapists to cope with it. But let's now share with them that Tesla has been building a new "vehicle" - a big beautiful boxy vehicle that's designed to be parked - and it consumes many more batteries than the usual S3XY models + Cybertruck lineup. Since this new vehicle consumes so many batteries, we will express the number in 75 KWh vehicle equivalents - as a way to standardize things and track its growth versus Autos. Here's the growth in that business... Wow - now, that's a business Wall Street can get excited about - sales of another 506,627 "vehicles" -- and look at that growth -- 84% year-over-year! And now when we combine the two businesses we get the following chart... This is the combination of reported deliveries in Autos plus the number of 75 KWh vehicle equivalents in our new boxy vehicle business. We can see that the combination has delivered a total of 2,185,890 "vehicles" and it's up 8% over the last year and up 21% over the last two years. Also, Tesla has been expanding the capacity of this new business to at least 1.2 million 75 KWh vehicle equivalents - a 2.4x increase over the last 12-month deliveries - so the outlook is quite positive. And finally, here's another plus - no advertising is needed to sell these big beautiful boxy vehicles. They just sit there and sell themselves! In case you didn't know, these big beautiful boxy vehicles are called Megapacks, but please don't tell Wall Street.