Energy
Tesla’s value is based on a vision of a better tomorrow
On Monday, April 10, 2017, Tesla, Inc. (NASDAQ: TSLA) shares closed at $312.39, surpassing the stalwart General Motors Corporation (NYSE: GM) by market cap. This was a revolutionary day in the world of U.S. automakers, coming just a week after Tesla exceeded the century-old, reliable Ford Motor Company (NYSE: F) in value.
Tesla lost $773 million last year. Traditional U.S. automakers are financially healthy and consistently sell the vehicles they manufacture. Tesla CEO Elon Musk has acknowledged on Twitter that the company was “absurdly overvalued if based on the past.” So, what is the “past” in the world of automakers, and why is Tesla, a company that sells millions of vehicles less than other major U.S. automakers, surging ahead?
The answer lies in Tesla’s ability to identify that — contrary to prevailing political discourse about the need for coal, oil and natural gas industries — more and more people are ready to make the switch to electric vehicles. And Tesla has built its company assets around that vision for a better, more sustainable world that no longer relies on fossil fuels for transportation and energy.
Tesla stock is not based on the past
A stock is a “concrete representation of partial ownership of a publicly traded company,” according to Motley Fool. A share in a stock represents the company’s big picture of revenue, earnings, cash flow, and shareholder’s equity, among other factors. Okay, Tesla’s Gigafactories outside Reno and in Buffalo have tangible book value with equipment, buildings, and land. But that’s not enough for the recent exceptional Tesla valuation. Tesla’s price-to-earning ratio, or how long a stock will take to pay back an investment, is quite uncertain.
New aerial shots of Tesla Gigagafactory 1 taken March, 2017
The company’s value seems to be hinged on a non-traditional investment perspective that Ford and GM are falling fast. It’s a result of a common fear that their vehicle sales have hit their peak, that their once-stellar levels of production and return will never again be achieved. Moreover, Tesla benefits from a historical growth rate of the company’s earnings.
In other words, Tesla stock has soared in the past three years, up nearly 40 percent this year alone. Tesla, as Musk noted on Twitter, is all about “risk adjusted future cash flows.”
Electricity is our friend, and Tesla knows it
Electric vehicles offer many positive benefits as we attempt to alleviate the effects of global warming. They produce fewer greenhouse gasses when powered by plants that don’t produce greenhouse gasses. Better yet, EVs can be powered by decentralized power sources like the Tesla Powerwall for residences or the Tesla Powerpack for business energy independence or as a companion to existing utility power generation. A cleaner electric grid can contribute other environmental advantages like decreased consumption of water and less depletion of natural resources like steel and copper materials.
Electric vehicles are shaking up long-established industries at a much faster rate than anyone anticipated. Electricity mixes in North America are increasingly moving away from fossil fuel reliance and onto hydro and other renewable energies. We’re using energy more wisely with electric vehicles. There’s a significant reduction in the CO2 equivalent emissions from swapping a fossil-fuel powered car for an EV. Transport emissions comprise a statistically significant portion of the emissions that have contributed to anthropogenic climate change.
The folks at Tesla have been aware of the benefits of electricity-based transportation since the company’s inception.
U.S. automakers lag behind in alternative energy technology applications
Instead of moving toward technological innovations that could revolutionize the U.S. auto industry, the Big Three automakers lobbied the new Trump administration to reduce Corporate Average Fuel Economy targets of 50 miles per gallon by 2025. The move sent a stark message to a consumer base that is ready for a safe, reliable, fossil-free transportation future. Allegiances with the Trump administration sent signals that U.S. automakers are not ready with the necessary R&D to provide energy efficiency, alternative power, or autonomous driving.
Tesla Superchargers with solar canopies framed by the beautiful mountains in Aosta, Italy
Meanwhile, every Tesla comes standard with adapters to plug into common household outlets. The company states that a Tesla owner can charge up to 52 miles of range per hour right from home by plugging in the Tesla “like a mobile phone.” Tesla supercharger stations are strategically placed to minimize stops during long distance travel. Conveniently located near restaurants, shopping centers, and WiFi hot spots, the company says that each station contains multiple Superchargers to help Tesla drivers get back on the road quickly.
As we wrote here at Teslarati after the U.S. presidential election in November, over the past 50 years, automobiles have been our freedom machines, a means of both transportation and personal identity expression. In the same way that Henry Ford matched a youthful and euphoric generation to the combustion-engine automobile, so, too, do automakers need to design strategic moves to shape the industry’s evolution. Electric vehicles are at the heart of that vision for tomorrow’s consumer domestic transportation.
Tesla stock is valued, not by traditional measures, but by a vision that appeals to a generation of individuals who believe we can achieve a sustainable world. And we hold to that belief by investing in a stock like Tesla, which gives us hope against extraordinary odds.
Energy
Tesla Semi factory is getting a celebration nobody expected
Tesla will inaugurate its Nevada Semi factory September 24, five months after production quietly began ramping.
Tesla says it will officially inaugurate its new Semi factory in Nevada next month. The Tesla Semi account posted the announcement on X, sharing a graphic titled “Semi Rollout” with a date of September 24. No further details were given about the format of the event or who would attend.
While Tesla’s dedicated Semi plant in Sparks, adjacent to Gigafactory Nevada, opened back in April, with the first trucks rolling off the high volume line on April 29, the timing for the factory inauguration comes at a surprise. The ribbon cutting event five months into production is a break from how Tesla has usually handled its other factories, where the first truck or car off the line typically served as the milestone moment.
Inauguration of new Semi factory in Nevada next month pic.twitter.com/a8kAlxrOOn
— Tesla Semi (@tesla_semi) August 24, 2026
The 1.7 million square foot factory was built as part of a $3.6 billion expansion Tesla announced in early 2023, and it shares a site with the battery cell lines that feed the Semi’s structural pack, a decision meant to remove the supply bottleneck that delayed the truck for years. The plant is designed for 50,000 trucks a year at full ramp. Semi program director Dan Priestley has said production “is now ramping” rather than claiming it has reached scale.
Nine years passed between the Semi’s 2017 unveiling and this stage of production, with the truck slipping from an original 2019 target through hand built pilot units for PepsiCo and a slow build out of the Nevada plant. An inauguration event now gives Tesla a stage to talk up that ramp and reset expectations for how many trucks it can begin delivering at scale.
The September date also lines up with the Semi’s next milestone. Tesla confirmed the truck is heading to Europe with a full unveiling at the IAA Transportation trade show in Hannover, Germany, running September 15 through 20. Between the Nevada event and the Hannover reveal, Tesla has roughly a week and a half in September to make the case that the Semi is now a truck being built and sold on two continents rather than tested in a handful of fleets.
Tesla Energy has introduced the Powerwall Lease in conjunction with Tesla Electric, making the service available in Texas. This new option delivers whole-home backup power using two Powerwall units for a net monthly cost of $35 after credits, accompanied by a low fixed electricity rate.
Under the lease terms, customers pay a one-time order fee of $100. The base lease payment for the two Powerwalls is approximately $122 per month during the first year, subject to a 3 percent annual escalator thereafter. Enrollment in a qualifying Tesla Electric Backup plan or Virtual Power Plant plan provides an $87 monthly credit.
Powerwall Lease is now available with Tesla Electric in Texas
Whole-home backup for $35/month, with a low fixed electricity rate
– Two Powerwalls, $0 installation
– Storm Watch outage protection
– One app to manage it all pic.twitter.com/oTzqc6K3aF— Tesla Energy (@teslaenergy) August 13, 2026
This credit lowers the effective cost to roughly $35 per month plus applicable tax.
Installation of the standard system carries no additional charge. The package features Storm Watch for outage protection and allows complete management through a single Tesla application. The system supplies continuous whole-home backup capability.
The Powerwall system enables households to maintain electricity during severe storms that disrupt the utility grid. When outages occur, the batteries automatically provide seamless backup power to the home.
Tesla announces 100k Powerwalls are participating in Virtual Power Plants
Tesla Storm Watch monitors weather forecasts and ensures the units are fully charged ahead of anticipated severe weather events so that power remains available throughout the disruption, keeping lights, refrigeration, and other essential systems operating without interruption.
Availability is restricted to select Texas locations where retail electric choice exists. Participants must lease exactly two Powerwall units and maintain continuous enrollment with Tesla Electric. Solar panels cannot be included under this particular lease arrangement.
The monthly credit activates automatically once the system is installed, receives permission to operate, and enrollment is confirmed. To retain the credit, customers are required to stay enrolled in Tesla Electric and fulfill all program conditions.
Nonstandard installations that involve electrical upgrades or special permitting may lead to extra expenses and might impact eligibility for the credit, so be sure to check with either your installer or Tesla to ensure you will still qualify.
Elon Musk
Inside Tesla’s secretive $10 Billion “Project Crystal Sun” filing
Tesla filed for a $10.1 billion Fort Bend solar factory, but the site isn’t confirmed.
Tesla has filed paperwork in Texas for a second massive manufacturing project in the same week it locked down its chip fabrication site, this time for a $10.1 billion solar cell plant in Fort Bend County. The filing, submitted July 22 under the state’s Jobs, Energy, Technology and Innovation Act and first surfaced by Sawyer Merritt on X, lists an internal project name of “Project Crystal Sun” and targets a site off FM 762 and FM 1994 near Richmond, about 40 minutes outside Houston.
Tesla is planning to build a $10.1 billion vertically integrated solar cell manufacturing facility in Fort Bend County, Texas, about 40 minutes from Houston, according to a new public application filing.
Tesla is aiming to start construction this year and finish in 2028, with… pic.twitter.com/f3HIK5HGST
— Sawyer Merritt (@SawyerMerritt) August 7, 2026
The application, prepared by Kroll Tax Services on Tesla’s behalf, spans five parcels totaling roughly 3,000 acres within the Lamar Consolidated Independent School District. Tesla wants a 10 year property tax limitation in exchange for the investment, split as $1.5 billion in real property and $8.6 billion in equipment and personal property. The company projects 9,712 permanent jobs once the plant reaches full operation, with 1,147 peak construction jobs during a build window running from this year through 2028 and commercial operations targeted for the first quarter of 2029.
Tesla is not fully committed to Fort Bend County yet. The filing states the company is weighing the site against an unnamed out of state alternative, and frames the tax abatement as what would make Texas competitive against that option. If the district and county decline the incentive, Tesla says it may build elsewhere.
Tesla Megapack Megafactory in Texas advances with major property sale
The plant would handle the full solar cell production chain in one facility, according to the filing, covering wafer and ingot manufacturing, coating, metallization and printing lines, cell testing, automated material handling and cleanroom infrastructure. That scope points to Tesla vertically integrating a part of its supply chain it currently sources largely from overseas partners, mirroring the approach behind its expanding Megapack production in Brookshire, Texas, where Tesla has already built out two buildings for its grid battery business.
The timing lines up closely with Tesla and SpaceX’s other big Texas commitment this month. SpaceX confirmed its Terafab chip factory would land in Grimes County days before this filing surfaced, with construction on that $16.8 billion project starting almost immediately after local officials met with residents. Terafab is meant to produce the AI chips running Tesla’s Optimus robots and Full Self-Driving software, while a solar cell plant would feed a different part of the business, the panels and storage systems Tesla sells to homeowners, businesses and utilities, and increasingly needs to power its own data centers.
Musk has talked about building domestic solar manufacturing capacity before, tying it to the amount of power Tesla’s AI ambitions will require.
SpaceX announces new Starbase for ‘thousands of Starship launches annually’
Tesla just made Cybertruck more expensive
