The market doesn’t hate the results so far with Tesla’s stock...

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    The market doesn’t hate the results so far with Tesla’s stock being up by about 1% in after-hour trading.
    https://electrek.co/2018/05/02/tesl...ord-revenue-of-3-4-billion-still-wide-losses/

    While Model 3 is clearly in the spotlight both externally and internally, 2018 should be a very important year for our energy storage business. We continue to aim for a three-fold increase in MWh deployed for our energy storage products this year. In Q1, energy storage deployments grew 161% from Q4 2017 to 373 MWh, which includes the 129 MWh South Australia project that was installed last year with final commercial transfer occurring in Q1. Electric utilities and power producers around the globe are increasingly appreciating the value proposition of our Powerpack storage systems based not only on economic benefits but also on the operational benefits of faster response time and greater reliability of the electric grid. In addition, we deployed a record number of residential Powerwall systems in Q1. In spite of the significant growth of Powerwall deliveries, our backlog in Q1 continued to grow.
    Last edited by staz024: 04/05/18
 
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