Forum Key Insights

Tesla – battery generation and storage segment update

  • Public Equity
  • Industrials
  • North America

Last month, Third Bridge Forum spoke to a former manager at Tesla Inc to discuss trends and developments in the battery generation and storage industry, as well as demand for Tesla’s products. Here are the need-to-know insights from that Interview:

  • The specialist said that batteries for commercial and industrial (C&I) sectors are expected to have a CAGR of 13.2%.
  • They told us that if the overall battery segment is growing at 15%, then they would expect batteries for the industrial segment to grow more rapidly. However, they added that this 15% also includes vehicles, which is dependent on infrastructure and fleet electrification. 

 “I think 15% [CAGR] is a reasonable number across the segments, but I think that C&I is undervalued [and] underestimated.”

  • The specialist believes that C&I CAGR could be closer to 15% or 16% over the next 10 years.
  • However, residential battery CAGR is more likely to hit 10%, according to the specialist. They also think Tesla “will continue to prioritise vehicles with energy storage being a complementary offering.”

For more human insights on battery generation and storage, click on the transcripts below.

Related Transcripts

The information used in compiling this document has been obtained by Third Bridge from experts participating in Forum Interviews. Third Bridge does not warrant the accuracy of the information and has not independently verified it. It should not be regarded as a trade recommendation or form the basis of any investment decision.

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