Investment giant reveals Tesla stock's ‘Apple-esque ecosystem' for future energy

While Tesla (NASDAQ: TSLA) is widely recognized for its electric vehicles (EVs), a new analysis from William Blair, a $17 billion investment firm, suggests that the company’s energy storage business may be its next growth driver. Instead of focusing on the company’s EV business, the firm highlighted the unrealized potential of Megapack and Powerwall products, which could be significant future growth drivers, when initiating coverage of TSLA shares with an “outperform” rating in a note released on August 29. ...