How Tesla Is Quietly Expanding Its Energy Storage Business

Elon Musk announced that Tesla was getting into the energy business in 2015 and now it’s betting that it will become increasingly important for the company. In 2020, it surpassed 3 gigawatt hours of energy storage deployments in a single year, largely due to the popularity of Megapack, its utility-scale battery product. CNBC visited PG&E’s Tesla Megapack site in Moss Landing, California and learned why energy storage systems like Tesla’s could be everywhere in a future of renewable power.

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How Tesla Is Changing The Electrical Grid

[TheFnut]

But what is this? A good and honest documentary? This was truly unexpected, well done CNBC!

[keithfranklin]

Funny thing is we never see stuff like this in CNBC. Instead we get Gordon Johnson.

[daveg]

CNBC showing YT how mini documentaries are done! Way to go!

[NicholasShanks]

Well researched, well presented, accurate, and didn’t confuse Watts and Watt-hours! Well done CNBC.

[fodiographer]

finally a balanced story about Tesla. And please stop inviting Gordon Johnson to your shows. I understand you want to give a voice to Tesla bears (critics) but there are way more credible persons who can fit that role. Gordon Johnson is ranked 4294 out of 4400 analysts and simply lies on air and cannot be trusted.

[ryanperalta]

Telsa will be a juggernaut multi-trillion dollar company. Exciting times to be alive and see history in the making.

[techbikereviews]

First time I don't see something negative for Tesla on CNBC... Keep up the good work. Don't be on the side of the shorts 👍

[flickgamehese]

CNBC mini documentaries are always simple, informative, and enjoyable. Keep up the good works, and put up more of these.

[pstha]

This is good journalism. great work CNBC!

[MonkeyDLucy]

"Tesla Energy will be bigger than Tesla automotive"

[Matt_Parks]

One of the few well documented, unbiased pieces from CNBC

[rui]

Analysts on CNBC: Tesla is a overvalued car company.

[kevinbrown]

We should not be against business making money because anyone buying that much have the money to afford it or want to look like it.

[pcysneros]

Wow, CNBC actually did research... Awesome job guys!

[kuldeuec]

Still CNBC is bearish on Tesla, comparing it with Ford, GM etc..and call up Gordon Johnson in their show to look stupid.

[scrambled]

Accurate and positive Tesla info from CNBC... There is hope.

[ksc]

CNBC actually say something good about TSLA?

[eaaeeeea]

I thought I was very aware of everything Tesla's doing, but this was quite a bit deeper dive into the energy part of Tesla's business than what I knew already. Excellent coverage!

[ianprado]

"one of the few projects I have ever worked on, where this is going to save customers money"

Oof

[nolanabell]

CNBC used to say Tesla was just a car company and now they are waking up. It’s about time lol