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Sunrun stock jumps 31% on partnership with Tesla for power supply

Sunrun stock jumps 31% on partnership with Tesla for power supply

The two companies are teaming up with Renew Home to build what they're calling the largest virtual power plant in the US, targeting AI-hungry data centers.

Tesla Inc. (TSLA) price

Full chart and stats

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Market cap
$1.6T (shares as of 2026-10-15)
P/E (trailing)
444.2 (EPS to 2026-09-30)
Annual revenue
$94.8B USD (FY ended 2025-12-31) 10-K
Annual revenue growth
−2.9% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
Annual net income
3,794,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
Annual operating margin
4.6% (FY ended 2025-12-31)
Forward P/E
Unavailable: no dated forecast source

Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.

Tesla Inc. and its peers

Company PriceMarket capP/E (trailing)Forward P/EAnnual revenue (USD)Annual revenue growthAnnual net income (USD)Operating margin
Tesla Inc. TSLA · Price dated Oct 28, 2026 · tokenized TSLAx $404$1.6T444.2Unavailable$94.8BFY ended 2025-12-31 · 10-K−2.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K3,794,000,000FY ended 2025-12-31, attributable to the company · 10-K4.6%FY ended 2025-12-31
General Motors Co GM · Price dated Oct 28, 2026 $82$69.6B18.0Unavailable$185.0BFY ended 2025-12-31 · 10-K−1.3%FY ended 2025-12-31 vs 2024-12-31 · 10-K2,697,000,000FY ended 2025-12-31, attributable to the company · 10-K1.6%FY ended 2025-12-31
Ford Motor Co F · Price dated Oct 27, 2026 $12$46.8BNot meaningfulLoss, diluted EPS −1.87
to 2026-06-30 · SEC filing
Unavailable$187.3BFY ended 2025-12-31 · 10-K+1.2%FY ended 2025-12-31 vs 2024-12-31 · 10-K−8,182,000,000FY ended 2025-12-31, available to common stockholders · 10-K−4.9%FY ended 2025-12-31
Rivian Automotive, Inc. RIVN · Price dated Oct 27, 2026 $12$16.1BNot meaningfulLoss, diluted EPS −2.59
to 2026-06-30 · SEC filing
Unavailable$5.4BFY ended 2025-12-31 · 10-K+8.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K−3,646,000,000FY ended 2025-12-31, attributable to the company · 10-K−66.5%FY ended 2025-12-31

Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.

Sources: SEC filings, Gloria daily closes, CoinGecko and Databento. Oldest record refresh: Oct 28, 2026, 4:31 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.

Token vs underlying stock

Current comparison for TSLA. Historical observations may postdate this article.

TSLAx token unit vs TSLA share · USD

$404.39Oct 28 UTC

+25.7% over displayed period

● TSLAx token┄ TSLA stock: $404.22

Aug 5, 2026: token $321.77 at 20:00 UTC; stock close $321.55 Aug 6, 2026: token $319.34 at 20:00 UTC; stock close $319.53 Aug 7, 2026: token $328.56 at 20:00 UTC; stock close $328.58 Aug 10, 2026: token $330.41 at 20:00 UTC; stock close $330.88 Aug 11, 2026: token $332.57 at 20:00 UTC; stock close $332.81 Aug 12, 2026: token $327.33 at 20:00 UTC; stock close $327.51 Aug 13, 2026: token $339.84 at 20:00 UTC; stock close $339.96 Aug 14, 2026: token $342.19 at 20:00 UTC; stock close $342.27 Aug 17, 2026: token $339.31 at 20:00 UTC; stock close $339.30 Aug 18, 2026: token $336.76 at 20:00 UTC; stock close $336.87 Aug 19, 2026: token $350.81 at 20:00 UTC; stock close $351.12 Aug 20, 2026: token $344.93 at 20:00 UTC; stock close $345.13 Aug 21, 2026: token $363.21 at 20:00 UTC; stock close $362.86 Aug 24, 2026: token $349.40 at 20:00 UTC; stock close $348.95 Aug 25, 2026: token $350.44 at 20:00 UTC; stock close $350.25 Aug 26, 2026: token $345.96 at 20:00 UTC; stock close $345.82 Aug 27, 2026: token $354.49 at 20:00 UTC; stock close $354.81 Aug 28, 2026: token $348.43 at 20:00 UTC; stock close $348.75 Aug 31, 2026: token $368.11 at 20:00 UTC; stock close $367.95 Sep 1, 2026: token $356.26 at 20:00 UTC; stock close $356.09 Sep 2, 2026: token $356.40 at 20:00 UTC; stock close $357.01 Sep 3, 2026: token $376.26 at 20:00 UTC; stock close $376.37 Sep 4, 2026: token $353.98 at 20:00 UTC; stock close $354.08 Sep 8, 2026: token $367.67 at 20:00 UTC; stock close $368.16 Sep 9, 2026: token $367.89 at 20:00 UTC; stock close $367.81 Sep 10, 2026: token $363.21 at 20:00 UTC; stock close $363.56 Sep 11, 2026: token $365.20 at 20:00 UTC; stock close $365.44 Sep 14, 2026: token $358.97 at 20:00 UTC; stock close $358.97 Sep 15, 2026: token $356.15 at 20:00 UTC; stock close $356.58 Sep 16, 2026: token $357.92 at 20:00 UTC; stock close $358.08 Sep 17, 2026: token $366.16 at 20:00 UTC; stock close $366.20 Sep 18, 2026: token $364.26 at 20:00 UTC; stock close $364.27 Sep 21, 2026: token $375.33 at 20:00 UTC; stock close $375.30 Sep 22, 2026: token $378.85 at 20:00 UTC; stock close $378.90 Sep 23, 2026: token $379.78 at 20:00 UTC; stock close $380.12 Sep 24, 2026: token $378.18 at 20:00 UTC; stock close $377.94 Sep 25, 2026: token $372.41 at 20:00 UTC; stock close $372.11 Sep 28, 2026: token $357.86 at 20:00 UTC; stock close $357.45 Sep 29, 2026: token $352.87 at 20:00 UTC; stock close $352.84 Sep 30, 2026: token $354.55 at 20:00 UTC; stock close $354.81 Oct 1, 2026: token $354.60 at 20:00 UTC; stock close $354.11 Oct 2, 2026: token $370.48 at 20:00 UTC; stock close $370.59 Oct 5, 2026: token $378.53 at 20:00 UTC; stock close $378.73 Oct 6, 2026: token $380.33 at 20:00 UTC; stock close $380.68 Oct 7, 2026: token $377.65 at 20:00 UTC; stock close $377.81 Oct 8, 2026: token $374.64 at 20:00 UTC; stock close $375.00 Oct 9, 2026: token $382.68 at 20:00 UTC; stock close $382.70 Oct 12, 2026: token $377.87 at 20:00 UTC; stock close $378.03 Oct 13, 2026: token $375.78 at 20:00 UTC; stock close $375.23 Oct 14, 2026: token $366.65 at 20:00 UTC; stock close $367.16 Oct 15, 2026: token $362.70 at 20:00 UTC; stock close $362.44 Oct 16, 2026: token $354.41 at 20:00 UTC; stock close $354.72 Oct 19, 2026: token $368.02 at 20:00 UTC; stock close $368.06 Oct 20, 2026: token $373.65 at 20:00 UTC; stock close $373.71 Oct 21, 2026: token $386.28 at 20:00 UTC; stock close $386.47 Oct 22, 2026: token $376.50 at 20:00 UTC; stock close $374.58 Oct 23, 2026: token $372.40 at 20:00 UTC; stock close $372.22 Oct 26, 2026: token $391.19 at 20:00 UTC; stock close $391.62 Oct 27, 2026: token $406.70 at 20:00 UTC; stock close $407.46 Oct 28, 2026: token $404.39 at 20:00 UTC; stock close $404.22
Aug 5$319.34 to $407.46Oct 28

Source: CoinGecko + Gloria · Retrieved Oct 29, 01:51 UTC

Methodology and data

Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.

Tesla token vs Tesla stock: exact source values
Date (UTC)Token (USD)Stock close (USD)Token quote (UTC)
2026-08-05321.77321.552026-08-05 20:00
2026-08-06319.34319.532026-08-06 20:00
2026-08-07328.56328.582026-08-07 20:00
2026-08-10330.41330.882026-08-10 20:00
2026-08-11332.57332.812026-08-11 20:00
2026-08-12327.33327.512026-08-12 20:00
2026-08-13339.84339.962026-08-13 20:00
2026-08-14342.19342.272026-08-14 20:00
2026-08-17339.31339.302026-08-17 20:00
2026-08-18336.76336.872026-08-18 20:00
2026-08-19350.81351.122026-08-19 20:00
2026-08-20344.93345.132026-08-20 20:00
2026-08-21363.21362.862026-08-21 20:00
2026-08-24349.40348.952026-08-24 20:00
2026-08-25350.44350.252026-08-25 20:00
2026-08-26345.96345.822026-08-26 20:00
2026-08-27354.49354.812026-08-27 20:00
2026-08-28348.43348.752026-08-28 20:00
2026-08-31368.11367.952026-08-31 20:00
2026-09-01356.26356.092026-09-01 20:00
2026-09-02356.40357.012026-09-02 20:00
2026-09-03376.26376.372026-09-03 20:00
2026-09-04353.98354.082026-09-04 20:00
2026-09-08367.67368.162026-09-08 20:00
2026-09-09367.89367.812026-09-09 20:00
2026-09-10363.21363.562026-09-10 20:00
2026-09-11365.20365.442026-09-11 20:00
2026-09-14358.97358.972026-09-14 20:00
2026-09-15356.15356.582026-09-15 20:00
2026-09-16357.92358.082026-09-16 20:00
2026-09-17366.16366.202026-09-17 20:00
2026-09-18364.26364.272026-09-18 20:00
2026-09-21375.33375.302026-09-21 20:00
2026-09-22378.85378.902026-09-22 20:00
2026-09-23379.78380.122026-09-23 20:00
2026-09-24378.18377.942026-09-24 20:00
2026-09-25372.41372.112026-09-25 20:00
2026-09-28357.86357.452026-09-28 20:00
2026-09-29352.87352.842026-09-29 20:00
2026-09-30354.55354.812026-09-30 20:00
2026-10-01354.60354.112026-10-01 20:00
2026-10-02370.48370.592026-10-02 20:00
2026-10-05378.53378.732026-10-05 20:00
2026-10-06380.33380.682026-10-06 20:00
2026-10-07377.65377.812026-10-07 20:00
2026-10-08374.64375.002026-10-08 20:00
2026-10-09382.68382.702026-10-09 20:00
2026-10-12377.87378.032026-10-12 20:00
2026-10-13375.78375.232026-10-13 20:00
2026-10-14366.65367.162026-10-14 20:00
2026-10-15362.70362.442026-10-15 20:00
2026-10-16354.41354.722026-10-16 20:00
2026-10-19368.02368.062026-10-19 20:00
2026-10-20373.65373.712026-10-20 20:00
2026-10-21386.28386.472026-10-21 20:00
2026-10-22376.50374.582026-10-22 20:00
2026-10-23372.40372.222026-10-23 20:00
2026-10-26391.19391.622026-10-26 20:00
2026-10-27406.70407.462026-10-27 20:00
2026-10-28404.39404.222026-10-28 20:00

Stock history: Gloria · Retrieved Oct 29, 00:32 UTC. Token history: CoinGecko TSLAx.

Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.

Sunrun shares surged over 30% on June 24 after the residential solar company announced a partnership with Tesla and Renew Home to supply power for data centers and utilities. The three companies plan to deliver over 16 GW of flexible, dispatchable energy capacity sourced entirely from residential assets.

The virtual power plant play

Sunrun and Tesla are contributing their installed base of home batteries and solar systems. Renew Home brings over 8 million smart thermostats and connected devices to the table. Combined, the three companies say this constitutes the largest distributed or virtual power plant in the United States.

Roughly 300 MW is available immediately in Virginia, with plans to scale that to 500 MW by 2030. In Texas, about 1.7 GW is already accessible. That Texas figure alone represents enough power to meet the peak demand of approximately 17 large data centers.

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No new hardware or software is required for the companies buying this power. The entire framework runs on infrastructure that’s already sitting on rooftops and hanging on garage walls across the country.

Why data centers, why now

The initiative builds on earlier collaborative efforts between Sunrun and Tesla, particularly in Texas VPP programs. Those programs have already been paying homeowners for participation. Customers with a Tesla Powerwall, for instance, can receive $400 in annual payments for letting their battery be tapped during peak demand events.

The companies claim the initiative could be 16 times larger than California’s current VPP programs on a nationwide basis.

What this means for investors

Virginia is home to the largest concentration of data centers in the world, clustered in the Loudoun County corridor. Texas has its own deregulated grid (ERCOT). Both states have electricity demand that continues to climb sharply.

Investors watching this space should pay close attention to two metrics in the coming quarters: actual contracted capacity with named offtakers, and homeowner retention rates in existing VPP programs.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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