Tesla (TSLA) CEO Elon Musk says the company plans to spend more than $500 million to expand its charging network, days after the EV maker’s Supercharger division was hit with mass layoffs. Ta.
in Tweeted to X early Friday morning.Mr. Musk said: “Again, Tesla plans to spend well over $500 million to expand its Supercharger network this year, creating thousands of new chargers. This is only for new sites and expansions. It does not take into account the much higher operating costs that apply.”
The news comes after Musk and Tesla fired nearly the entire Supercharger organization last week, along with executives. What to say with X The network will grow at a “slower pace” at the new location.
Pras Subramanian, senior auto reporter at Yahoo Finance, reports:
Automakers including GM, Ford, Kia, Polestar, Stellantis, and Honda will gain access to the Supercharger network and install Tesla’s NACS plug inlets in their future vehicles with the promise that the network will continue to grow steadily. We had a contract to incorporate it. pace.
Tesla likely heard from its NACS partners wondering what exactly they would get after signing a deal to access the Supercharger network.
Additionally, contractors and others working with Tesla on existing Supercharger projects were having their emails bounced with no feedback on what to do next. According to EV blog Electrek, Tesla also appears to have backed out of leases for four upcoming Supercharger facilities in New York.
Charging network provider EVgo told Yahoo Finance that it is “actively working” on developing its NACS network and is adding more locations to take advantage of Tesla’s expansion slowdown.
EVgo competitor Blink Charging is also poised to seize the opportunity, claiming that Tesla’s move has prompted potential Supercharger customers to contact Blink about future orders.
Oil and gas giants like BP are also getting into Tesla. Regarding the BP Pulse charging network, the company said it is “actively looking to acquire real estate to expand the network, and following Tesla’s recent announcement, there is an increased focus on this.” .
The company’s CEO even told Jill’s partners at Tesla to give him a ring.
BP Pulse Americas CEO Sujay Sharma told Bloomberg, “If you have a stuck real estate partner looking for someone to call, feel free to pick up the phone and call me or find me on LinkedIn.” Told.
