Tesla Supercharger Station Business 2024 Revenues Approaching $10B. The Street Rates This at $Zero

[@crystalclearvlog7256]

You have some of the best videos on Tesla!🎉

[@affabletrader6610]

I really enjoyed "The Elon Musk Mission". My trading account is up because when I verified the research; I bought stock and options. I also sold puts. thanks Randy!

[@alvinchapital6018]

Randy, love your perspective! I totally agree, opening up the SCs to non-TSLA will have tremendous value to TSLA stock (& it's being subsidized by the US govt). There's an unlimited amount of ways this can be monetized.

[@tonespeaks]

@Randy Kirk Great report and video. I would say shhhhhhh, lets keep this secret to ourselves. Many on Wallstreet don't even count Tesla Energy.

[@beauarts]

It seems to me your usage numbers are very very optimistic. How many KWH of electricity will be needed if we use your guesstimates?

[@miakiceh]

With each new technological advance... the new challenges we all face to memorize the names of new items. Haha! When you rhetorically asked, "what's the name of those? " As you were associating the "gas pump" with the "Charging Point".... I found myself immediately drawing a blank also. Haha! Who knew you'd hit me with a pop quiz? Apparently, "Test Anxiety" occurs outside of the classroom also! Great content and delivery. Kudos!

[@thomasaquinas157]

$30 charging stations + $100 Megapacks = $130 not built into the share price.

[@bobgardiner7604]

Love your optimism.

[@lchpdmq]

Great to be optimistic but some of this has seemed delusional and it’s such a downer when you look into it and realize it isn’t that good. Didn’t he project like 2.6 million cars in 2023 and Tesla then projected 1.8 and 2 max

[@RandyKirk_YouTubeChannel]

I'm still saying everything perfect 2.6M. Realistic. 2.3M. Can't imagine less than 2.1M.

[@arturortuno80]

This a good passive cash flow and is growing 👌 people dont like to take the risk I will invest for sure now

[@skinnymoonbob]

Supercharger network will replace Shell, Exxon and Chevron. Worth way more tha $30 a share. Moreover, adjacent revenues can be expected in the future from partnering with restaurants and shops. It can and will grow faster than the number of EVs on the road.

[@philmakin9111]

We know very little about the costs or revenues of the network. No idea what it cost to build or run. No idea of revenue either. Tesla doesn't disclose. So yeah nothing at all. Amazing that you pull numbers from the sky and just "go with it". Then create a number of $3B in profits. I like data. Nothing here for me on this one but I do like some of your content.

[@RandyKirk_YouTubeChannel]

We do have some data. Please see the section in "The Elon Musk Mission"

[@ronmatthews2250]

Worldwide public superchargers locations is a 24 hour a day cash register. Most Tesla stock holders don't realize how much money 💰 this will add to the Tesla bottom line profit a year.

[@askbob2009]

very conservative.it will be a BANK for tesla

[@jmbelarmin]

Would you put the revenue growth rate for SC at 50% cagr just like for cars?

[@RandyKirk_YouTubeChannel]

Yes

[@jmbelarmin]

Biden essentially handed Tesla the monopoly for fast charging in all interstate travel. It’s akin to owning all the gas stations at every rest stop in the interstate system. I would place the cagr for SC revenue at the growth rate of the entire EV sector.

[@lauriehenkle1]

What about if they reduce the costs by making all the energy supplies being solar

[@michaelbdavis724]

Charging POINT for each and Charging location for a location

[@haleis4117]

es, there is a significant facility in China for building Superchargers for both China and export. It is similiar in size to the one in Buffalo

[@RandyKirk_YouTubeChannel]

I thought so

[@highvoltage3479]

Investors are Backing out as you speak

[@TeslaEVolution]

So: TSLA Valued on Energy ONLY: $125.00 + Tesla on Chargers ONLY: $90.00=$215.00 so ALL THE REST IS FOR FREE RIGHT NOW !!! YAY!!! HAPPY INVESTING. Go grab those TSLAs on super-sale???

[@haleis4117]

Please check your math more carefully. $10B in revenue in 2025, not 2024, might produce $3B in earnings which is slightly less than $1 per share, there are a bit over 3B shares. Further dismissing their depreciation and/or amortization as well as maintenance costs might well be covered by the additional potential revenue sources you cited but still $1 per share not $3

[@kiamtey]

You are correct.

[@RandyKirk_YouTubeChannel]

yes. There should have been a correction. I'm traveling so haven't had a chance to watch.

[@kiamtey]

@@RandyKirk_KZbinChannel we are so bullish on tesla, it does not matter what it came up as tesla always surprises me. Safe trip

[@dhjengr8756]

You need to add multiples as well! Growth stocks can be 50 times earnings or more.

[@Crunch_dGH]

@@RandyKirk_KZbinChannel FYI: Independent SC Installer Successfully Adapts to Tesla Layoffs ⁠Smart Charge America kzbin.infoI--nHP7NTbY?si=pwnQoPrj9LtSkYX6 An independent installations contractor says he was sad for those let go, & how, but understood that he & his peers would continue to be paid & supplied, PLUS new contractors and site owners, such as Walmart & "transitioning" BP, etc., gas stations, were already being scheduled for taking over from the old team's expansion projects. Also, that the "pudding proof" of the new deployment process would sooner than later suffice as "explanation" much better than Tesla attempting to convince the already doubting public of the veracity of their new approach.

[@JosephHawkins]

Each unit is a Charge dispenser

[@ronadami5747]

call them charging stalls or stalls

[@linhsi1463]

❤🙏

[@Joe-lb8qn]

They wont be "between 20 and 200" charging sessions per day because 200 is about 10 an hour eg one every 6 minutes. No. 20 is probably way too high thats still one an hour and the nighttime will be very quiet at the vast majority of locations. So more likely 10-15 max. So cut by half or so including existing teslas although only about 1/4 SC locations will open up. On the upside tesla can charge more for non-teslas (they do here in uk for example) and that plus the subtle advertising and FOMO of seeing many tesla locations not available to non-tesla, will drive tesla sales from other ev drivers.

[@RandyKirk_YouTubeChannel]

In busy places, these units are doing 2 or more per hour.

[@Joe-lb8qn]

@@RandyKirk_KZbinChannel at 3am?

[@pleasebeinteresting]

how much the land owner would charge Tesla ?

[@lchpdmq]

3 bill next year seems unrealistic.. how much profit do they make now it must be minimal?

[@RandyKirk_YouTubeChannel]

Lots of amortization and start up costs. This will reduce as a % in the future.

[@colinkeizer7353]

Hi, Randy, I listened again and read through the comments, but did not see any comments about Internet Services. Wherever it makes sense, Elon's 'other' business, SpaceX, will probably be leveraged to make every Supercharger location an internet hot spot. Maybe even the only hot spot in the region, but if not, maybe the best in the region. Be prepared to see lots of ICE vehicles parked near the charging location to take advantage of good internet connections. Then the internet services will be choked by all the 'extra' users. Will Elon add more internet 'pipe' so he can sell more to the 'extra' users? I would, if the financials make sense. I bet you would, too. I suspect that just like the reputation for reliable electric charging services Tesla supercharger locations already have, there will be, if there is not already, a growing reputation for quality internet connectivity. We can only expect Elon will try all sorts of ways to wring some revenue out of that.

[@RandyKirk_YouTubeChannel]

Great thinking

[@spelare2]

Annoying advertising at the charging stations will never happen.

[@BWowed]

100K chargers at $100,000 each per year? Where do the 100K chargers come from?

[@RandyKirk_YouTubeChannel]

44,000 now. Double by end of next year. So early 2025

[@thomasaquinas157]

About 4,000 locations worldwide. 44,000 chargers/stalls. 100k total stalls next year. Built in Buffalo, NY.

[@markbrowning9363]

The Tesla is just a car company Wall Street analysts are like legacy/analogue hardware trying to operate in a digital world, they are incapable of recognising revenue streams outside of the traditional/outdated automotive industry.

[@mikafiltenborg7572]

Tesla Energy will be bigger than Tesla Auto after year 2030

[@RepublicanJesusthe2nd]

Someone needs to got to the TYT youtube channel and lend some facts.

[@robertyu7341]

I think your revenue for supercharging is way way off the mark. Consider that Tesla’s total revenue last year is 80 billion from mainly selling cars. To have 10 billion revenue from supercharger in 2-3 years time is unreal. To look at it in another way @ $.50/ kwhr. You would have to sell 20 billion kwhr. of electricity. Even with 4 million active EV supercharging, which there are not (most people charge at home other than the occasional road trip) Tesla just recently sold their 3 million cars last year. Let’s say 4 million on the road including other EV. They would each have to charge their 100 kwhr. battery 50 times a year. (20 billion kwhr / 4 million EV = 5000 kwhr) That would be at least 10,000 miles/year driven. I don’t know anyone who would supercharge that much in a year much less 4 million EV. I think this kind of number might be realistic in 10 years time as 10’s of millions of EV hit the road. But then you need much more superchargers out there in order to handle the peak times. As of now Tesla maybe break even on their capex + maintenance of the existing network. Supercharger expenses is lumped into their income statement under “services and other” and it doesn’t make much money. Though the extra income will come from the IRA and they can use that money to supplement the Supercharger expansion.

[@RandyKirk_YouTubeChannel]

Thanks for those other ways of doing the analysis. I'll consider carefully and report later.