According to William Blair analysts, Tesla is building an ‘Apple-esque’ energy ecosystem that could drive significant growth in the coming years. They believe Tesla’s energy business, including solar, energy storage, and electric vehicle charging, could become a major revenue stream, similar to Apple’s services business. The analysts highlight Tesla’s vertical integration, from manufacturing to energy generation and storage, as a key advantage. They argue that Tesla’s energy ecosystem could become a recurring revenue stream, providing a stable base for future growth. The analysts maintain an ‘Outperform’ rating on Tesla stock and a price target of $300, implying significant upside potential from current levels. They see Tesla’s energy business as a key differentiator and a potential driver of long-term value creation.