Tesla's energy storage and generation doesn't get enough attention: Requisite's Bryn Talkington

Tesla Stock & Market Sentiment - The market had already priced in the anticipated removal of EV credits in the US, leading to a "pull forward" effect on sales [2] - Investors are willing to overlook current margin pressures on EVs due to the perception of Tesla as a high-growth company driven by future verticals [4][5] - The stock's high valuation is sustained by investor confidence in Elon Musk's leadership and the potential of future ventures like robo taxis, AI, and FSD, despite eroding fundamentals in the EV business [6] - The speaker added to their position at $290 and $320, and sells calls on the name, but would not add to their position at the current level of $443 due to the stock chart being too vertical [7][8] Energy Storage - Tesla's energy storage segment experienced year-over-year gross profit growth of over $800 million last quarter [3] - Tesla's power generation capabilities are seen as a significant asset, especially in electricity-constrained environments [3] Robo Taxis - The speaker expresses strong interest in Tesla's robo taxi business [7][8] - The cost of six Whimos is estimated to be equivalent to 30 Tesla robo taxis, suggesting a potential profitability advantage [8] - Tesla aims to have unmanned robo taxis operating in Austin and possibly San Francisco by the end of the year, which could serve as a catalyst for this new vertical [9][10] - Robo taxis are expected to be a fraction of the cost of services like Lift or Uber [10]