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Tesla (TSLA) Energy Generation and Storage segment profits nearly quadrupled in 2023

Energy storage deployments reached 14.7 GWh in 2023 according to Tesla's (TSLA) Q4 2023 earnings report.

Bill Lavoy

January 24, 2024 1:40 PM

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Tesla (TSLA) reported its Q4 2023 earnings Wednesday, and among the results were details on Energy Generation and Storage throughout 2023.

Tesla reported that Energy Generation and Storage deployments reached 14.7 GWh in 2023. This number is more than double when compared to 2022, coming in at 125 percent growth. Here’s what the company had to say in its earnings report.

There was a lot more to dig into concerning Tesla’s Q4 2023 earnings report, including that the company missed both EPS and revenue expectations.

For more financial news reporting from the gaming and technology industries, stick right here with Shacknews.

Bill Lavoy

Managing Editor

Bill, who is also known as Rumpo, is a lifelong gamer and Toronto Maple Leafs fan. He made his mark early in his career through guide writing and a deep understanding of editorial SEO. He enjoys putting in the work to create a great content, be it a wild feature or grinding out an in-depth collectible guide. Tweet him @RumpoPlays if you have a question or comment about one of his articles.