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Elon Musk shared Tesla’s $500 Million Supercharger Network Expansion: What You Need to Know

by Admin May 10, 2024 0 Comment

Tesla CEO Elon Musk shared a breaking update on its X platform. They have announced that they will invest over $500 million to expand their Supercharger network.

The overall goal of this new investment is to launch several new charging stations in 2024.

Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year.

That’s just on new sites and expansions, not counting operations costs, which are much higher.
— Elon Musk (@elonmusk) May 10, 2024

In his ex-post, he also clarified that this new investment of $500 million is to start new stations in new places and expand networking. Musk did not include operating costs in this $500.

Following the layoff of the Supercharger team, Tesla CEO Elon Musk announced a big investment for Supercharger Stations

Tesla recently sent an email to its Australian customers, addressing worries about Supercharging service quality in light of recent company layoffs.

Let us remind you that 2 weeks ago Tesla had announced layoffs, in which they laid off the entire supercharger team.

Now when Musk announced his new investment in Supercharger, he said, “That’s just on new sites and expansions, not counting operations costs, which are much higher.”