Tesla has announced the launch of a large-scale Virtual Power Plant (VPP) program in Puerto Rico, allowing Powerwall owners to participate in the territory’s Battery Emergency Demand Response Program. The VPP has notable benefits, as it helps support Puerto Rico’s power grid while providing compensation for homeowners participating in the program.
As noted by Tesla, the Puerto Rico VPP has the potential to become the world’s largest Virtual Power Plant to date with about 74,000 Powerwall owners. Such a network of batteries would likely aid the grid very well. In California, after all, a VPP comprised of about 7,400 Tesla Powerwall batteries was estimated to have the capacity to push 100 MWh to the grid. Depending on the number of Powerwall owners who participate in the program, the Puerto Rico VPP could easily dwarf the California VPP.
In Puerto Rico, 75k Powerwall owners can now get paid to support the grid in what could become the largest virtual power plant ever ??? pic.twitter.com/cBm9d6lzLc— Tesla Energy (@teslaenergy) November 2, 2023
Similar to other Virtual Power Plants that have been deployed, Tesla’s Puerto Rico VPP connects a network of battery units installed in residential homes that could be deployed as needed when the grid requires support. The utilization of the VPP could prevent power outages and reduce the need to rely on fossil fuel-powered peaker plants.
As noted by Tesla in a blog post about the program, those who participate in the Puerto Rico VPP are set to receive a compensation of $1 per kWh that is sent to the grid. Owners could also set their Powerwall’s VPP Backup Reserve so that they can determine the level of their contribution to the program. This way, participants can be assured that they have an adequate backup energy supply.
Excited to be working alongside our partners @sunnovaenergy @sunrun and Powerwall customers to make this the biggest VPP in the world (potential over 300MW) and rapidly reduce the frequency and duration of grid outages in Puerto Rico https://t.co/On8PVUYGKP— Drew Baglino (@baglino) November 2, 2023
The Puerto Rico VPP program is available to Tesla Powerwall owners who have a residential customer’s service account that is currently registered in LUMA’s Net Energy Metering program, as well as those who have a customer’s service account that is not simultaneously enrolled with another aggregator. Powerwall owners must also register for the program through the Tesla mobile app.
Participants in the program could expect a payout four times a year. As noted by Tesla on its official page for the Puerto Rico VPP, the company would be calculating each participants’ kWh contribution, which would then be shared with their utility provider. Once Tesla receives compensation from the utility, the payments will be passed along to the VPP participants.
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Starlink goes mainstream with first-ever SpaceX Super Bowl advertisement
SpaceX used the Super Bowl broadcast to promote Starlink, pitching the service as fast, affordable broadband available across much of the world.
SpaceX aired its first-ever Super Bowl commercial on Sunday, marking a rare move into mass-market advertising as it seeks to broaden adoption of its Starlink satellite internet service.
Starlink Super Bowl advertisement
SpaceX used the Super Bowl broadcast to promote Starlink, pitching the service as fast, affordable broadband available across much of the world.
The advertisement highlighted Starlink’s global coverage and emphasized simplified customer onboarding, stating that users can sign up for service in minutes through the company’s website or by phone in the United States.
The campaign comes as SpaceX accelerates Starlink’s commercial expansion. The satellite internet service grew its global user base in 2025 to over 9 million subscribers and entered several dozen additional markets, as per company statements.
Starlink growth and momentum
Starlink has seen notable success in numerous regions across the globe. Brazil, in particular, has become one of Starlink’s largest growth regions, recently surpassing one million users, as per Ookla data. The company has also expanded beyond residential broadband into aviation connectivity and its emerging direct-to-cellular service.
Starlink has recently offered aggressive promotions in select regions, including discounted or free hardware, waived installation fees, and reduced monthly pricing. Some regions even include free Starlink Mini for select subscribers. In parallel, SpaceX has introduced AI-driven tools to streamline customer sign-ups and service selection.
The Super Bowl appearance hints at a notable shift for Starlink, which previously relied largely on organic growth and enterprise contracts. The ad suggests SpaceX is positioning Starlink as a mainstream alternative to traditional broadband providers.
Elon Musk
Tesla engineers deflected calls from this tech giant’s now-defunct EV project
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”
Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.
However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.
Apple canceling its EV has drawn a wide array of reactions across tech
It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.
Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”
Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.
In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”
Musk said in full:
“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”
Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.
Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.
Elon Musk
Tesla to a $100T market cap? Elon Musk’s response may shock you
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.
However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.
To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.
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Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:
“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”
Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.
SpaceX officially acquires xAI, merging rockets with AI expertise
Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”
It’s not impossible
— Elon Musk (@elonmusk) February 6, 2026
Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.
Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.