Elon Musk Reveals Tesla Supercharger Profit

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Elon Musk Reveals Tesla Supercharger Profit
Posted On: April 5, 2022

The supercharger network is considered to be Tesla's biggest advantage in the E.V world. Currently, Tesla has over 30000 stalls at more than 2500 locations. And unlike most other charging networks, the Tesla superchargers are located along major highways and designed from the get go for long distance travel.


On top of this, since Tesla controls both the vehicles and chargers, Tesla owners can plan their trip, including the necessary charging stops, in a seamless manner right from the center screen of their vehicle.


Tesla also automatically reroutes owners to lesser used supercharger locations if there is congestion. And to put the icing on top, Tesla automatically preconditions vehicles before a supercharging session to improve charging speed by as much as 25%.


This has made Teslas really convenient for long-distance travel. Currently, Tesla is on the third generation of superchargers. with the latest iteration achieving speeds as much as 250KW or 200 miles in just 15 minutes.


Most analysts covering the E.V space consider the supercharger network to be Tesla's biggest moat. Some even go so far as to claim the expansive charging network is the number one reason for Tesla's success.


In accordance with Musk's promise, Tesla has currently opened the supercharger network as a pilot program for none Tesla E.Vs in the Netherlands, France, Norway, Germany, and Belgium. And as the pilot program expands, analysts have been trying to predict how much profit Tesla can make by opening its supercharger network to other auto O.E.M.s. One such analyst, Ross Gerber, who is the Co-Founder, President, and CEO of Gerber Kawasaki Wealth and Investment Management, just put forward this exact question to Musk.


In his tweet, Ross wrote "trying to model out the supercharger network value. It seems you work a 50% gross margin on the energy cost. Is this across the network or it varies by location?". In his response Musk wrote "we aim for 30% GM [gross margin] or ~10% profitability, all costs included".


Source: Re-posted and Summarized from Tinsae Aregay at torquenews.


My Take: The supercharger network is pretty good. I assume that they will take that profit and expand it like crazy.


Re Posted From: Elon Musk Reveals Tesla Supercharger Profit

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Elon Musk Reveals Tesla Supercharger Profit
Posted On: April 5, 2022

The supercharger network is considered to be Tesla's biggest advantage in the E.V world. Currently, Tesla has over 30000 stalls at more than 2500 locations. And unlike most other charging networks, the Tesla superchargers are located along major highways and designed from the get go for long distance travel.


On top of this, since Tesla controls both the vehicles and chargers, Tesla owners can plan their trip, including the necessary charging stops, in a seamless manner right from the center screen of their vehicle.


Tesla also automatically reroutes owners to lesser used supercharger locations if there is congestion. And to put the icing on top, Tesla automatically preconditions vehicles before a supercharging session to improve charging speed by as much as 25%.


This has made Teslas really convenient for long-distance travel. Currently, Tesla is on the third generation of superchargers. with the latest iteration achieving speeds as much as 250KW or 200 miles in just 15 minutes.


Most analysts covering the E.V space consider the supercharger network to be Tesla's biggest moat. Some even go so far as to claim the expansive charging network is the number one reason for Tesla's success.


In accordance with Musk's promise, Tesla has currently opened the supercharger network as a pilot program for none Tesla E.Vs in the Netherlands, France, Norway, Germany, and Belgium. And as the pilot program expands, analysts have been trying to predict how much profit Tesla can make by opening its supercharger network to other auto O.E.M.s. One such analyst, Ross Gerber, who is the Co-Founder, President, and CEO of Gerber Kawasaki Wealth and Investment Management, just put forward this exact question to Musk.


In his tweet, Ross wrote "trying to model out the supercharger network value. It seems you work a 50% gross margin on the energy cost. Is this across the network or it varies by location?". In his response Musk wrote "we aim for 30% GM [gross margin] or ~10% profitability, all costs included".


Source: Re-posted and Summarized from Tinsae Aregay at torquenews.


My Take: The supercharger network is pretty good. I assume that they will take that profit and expand it like crazy.


Re Posted From: Elon Musk Reveals Tesla Supercharger Profit

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