Baglino: Tesla Energy Relied on Auto Business Before Reaching Standalone Profitability
Drew Baglino · The scrappy beginning of Tesla’s energy business · Apr 23, 2025 · at 3:04
Former Tesla Senior VP Drew Baglino reflects on the financial journey and eventual standalone profitability of Tesla's energy storage division.
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“The energy business was heavily supported by the vehicle business through many years, to be frank, but finally kind of got out of that bird's nest and was able to fly on its own and generate serious profits and bring cash back to the Tesla broader company, and it was really a fulfilling journey.”
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