In recent days, with the Conflict between Russia and Ukraine, the energy independence of various countries has become a key issue, in this regard, Tesla, which has changed the world through the development of electric vehicles and its energy business in the past 20 years, is becoming an extremely important competitive advantage for the United States, and now the successful development of Tesla seems to be a matter of national security in the United States.
Morgan Stanley analyst Adam Jonas released a new report that he called "Tesla, batteries and U.S. national security," emphasizing that Tesla is an important part of U.S. national security.
In addition, Morgan Stanley pointed out that an event that was important for the field of batteries and electric vehicles occurred on Wednesday:
According to Bloomberg, the Biden administration may be prepared to invoke the Defense Production Act to encourage domestic production of key materials for electric vehicle batteries (the White House has not yet confirmed), suggesting that the necessary power energy reserves are important, so the fossil fuel economy is now in a precarious position.
Jonas believes that in order to really build renewable energy power generation and transportation infrastructure, please ask the impact of instability factors on the United States, Tesla is a very important link in this regard, especially now that the United States is generating electricity everywhere, there are things everywhere in the case of movement, they need electric energy and related energy storage measures.
Jonas writes:
"Tesla is an automotive company or a tech company, or both, but it should be noted that it is also an energy company, and we believe Tesla's role in building the EV supply chain (upstream) and EV infrastructure (downstream) will become increasingly apparent to the investment community in the coming weeks/months." After the Russian-Ukrainian conflict, the issue of access to energy resources has become more acute worldwide, and now it has become a national security issue, Jonas wrote in the article: "Energy security = national security"
Morgan Stanley expects grid-scale fixed storage to receive more attention over time as it plays a role in enabling renewable energy generation and greatly reduces the reliance on fossil fuels for power generation, and while Tesla is a good solution to this problem, Morgan Stanley also says there are other companies that can compete with Tesla.