Tesla Announced Expansion of Supercharger Network

Published on: 11 Sep, 2017

Tesla Inc (NASDAQ: TSLA) has announced its plans to make it easier to charge your car in urban areas. According to the company’s official blogpost, for customers who use their car for long distance travel, there is a growing network of Superchargers located along highways on popular driving routes. The company has also installed thousands of Destination Charging connectors at hotels, resorts and restaurants. Now, as part of the commitment to make Tesla ownership easy for everyone, including those without immediate access to home or workplace charging, Tesla is expanding the Supercharger network into city centers, starting with downtown Chicago and Boston. Tesla Shares up more than 4% after the announcement.

Expanding the supercharger network in urban areas is a strategic preparation of the anticipated arrival of the Model 3. The company’s attempt at to mass market their 35, 000 electric vehicles is crucial for Tesla’s future. The expansion of charging options addresses one of the major problems of owning plug-in charging car in the city.

“Supercharger stations in urban areas will be installed in convenient locations, including supermarkets, shopping centers and downtown districts, so it’s easy for customers to charge their car in the time it takes to grocery shop or run errands. They also have the same pricing as our existing Superchargers, which is far cheaper than the cost of gasoline,” according to the blogpost.

Ratings

Ratings
  • 2810Views
  • 0Comments

Recommend to Friends

  • facebook
  • Twitter
  • google plus
  • pinterest
  • Digg
  • stumbleupon
  • Reddit
  • linkedin

Danny Abramov

Email: danny@financialinsiders.com

@Newsletter

Sign Up for Weekly Updates

Opt-into our eNewsletter NOW! For the Latest Trending Financial News Topics in Cannabis, Tech, Biotechs, Precious Metals, Energy, Renewable Energy and much more!

Related Posts

29 Jun, 2017 2978
07 Jul, 2017 3051
21 Jul, 2017 2814
25 Aug, 2017 2883

Comments

There is no comment on this article