LTR 3.69% 63.3¢ liontown resources limited

That's quite amazing...From another article:the company’s...

  1. 75 Posts.
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    That's quite amazing...

    From another article:
    the company’s energy-storage business took in just over $3 billion in revenue, double the amount in the same period last year. Tesla also said it set a new battery deployment record in Q2, with 9.4 GWh deployed. In Q1 2024, Tesla deployed 4.1 GWh of storage.

    Let's put this in context. 9.4GWh is the equivalent of 157,000 vehicles taking an average battery size of around 60kWh.
    Tesla in Q1 delivered 387,000 vehicles. So, the BESS business is quickly growing to be a significant additional revenue stream for Tesla and at the growth rate currently experienced may soon be similar in GWhs in the next few years.

 
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