Elon Musk Bullish On Tesla’s Energy Business

Tesla’s energy business could end up being bigger than its core business of making electric cars, CEO Elon Musk said during the presentation of the company’s third-quarter results, which surprised most by being positive. Tesla’s solar business has not been faring particularly well recently, with sales falling despite efforts to prop them up. Its other energy business, however, including energy storage and related services, seems to be doing better even though it remains a relatively small contributor to overall revenues. Tesla…