In 2023, it will be a big mistake to ignore profits from Tesla energy, new tax credits and full self-driving software.
Analysts could safely ignore energy because while it was 10% in revenue it had almost no profits. Similarly, full self driving made a lot of headlines but was only used bought by less than 10 % of global Tesla buyers.
Non-car profits will go from a rounding error to about 40% of total annual profits.
This video explains the changes.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
Hey Brian, can you share the financial model describing the 350Bn income in 2026?