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Tesla is Doubling Its Supercharger Network in 2017
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On Monday, electric car maker Tesla Inc. (TSLA - Free Report) announced in a blog post that is plans to double its global Supercharger network this year, expanding both the size and number of stations, in addition to constructing charging stations along busy highways.
Tesla wants to make “charging [their] priority.” In anticipation of the busy summer travel season, many spots will begin construction soon, and the company hopes to bring the network to a total of 10,000 Supercharger locations and 15,000 Destination Charging connectors. Tesla wants to add over 1,000 Superchargers in California alone, and increase the number of chargers in the U.S. by 150%.
The Supercharger network began back in 2012 with the goal of enabling long-distance travel in a Tesla vehicle. Superchargers have charging power of 145kW, and can provide approximately 170 miles of range in about 30 minutes. Destination Charging connectors, however, are a bit different; these replicate the “convenience of home charging” by partnering with hotels, restaurants, and other destinations, and setting them up with Tesla Wall Connectors.
Tesla recently announced that all new Tesla buyers, including Model 3 owners, will now need to pay for the electricity acquired at Supercharger stations after exhausting a yearly allotment. Read more about that fee structure here.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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Tesla is Doubling Its Supercharger Network in 2017
On Monday, electric car maker Tesla Inc. (TSLA - Free Report) announced in a blog post that is plans to double its global Supercharger network this year, expanding both the size and number of stations, in addition to constructing charging stations along busy highways.
Tesla wants to make “charging [their] priority.” In anticipation of the busy summer travel season, many spots will begin construction soon, and the company hopes to bring the network to a total of 10,000 Supercharger locations and 15,000 Destination Charging connectors. Tesla wants to add over 1,000 Superchargers in California alone, and increase the number of chargers in the U.S. by 150%.
The Supercharger network began back in 2012 with the goal of enabling long-distance travel in a Tesla vehicle. Superchargers have charging power of 145kW, and can provide approximately 170 miles of range in about 30 minutes. Destination Charging connectors, however, are a bit different; these replicate the “convenience of home charging” by partnering with hotels, restaurants, and other destinations, and setting them up with Tesla Wall Connectors.
Tesla recently announced that all new Tesla buyers, including Model 3 owners, will now need to pay for the electricity acquired at Supercharger stations after exhausting a yearly allotment. Read more about that fee structure here.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>