Tesla could earn billions through its "Supercharger" models
Being a key figure in the electric car industry, Tesla will multiply its revenues not only from cars but also through its charging stations.
Tesla's Supercharger network, once touted as never destined to be a profit center, is now on the brink of becoming an economic titan. Wall Street analyst predictions suggest that its value could soon reach a staggering $20 billion.
Dan Ives of Wedbush Securities believes that by 2030, the Supercharger business could contribute a significant six percent to Tesla’s total revenues. This figure isn't just pulled out of thin air. It takes into consideration key business ventures and agreements Tesla has entered into, including the significant North American Charging Standard (NACS) deal. The NACS agreement has been embraced by major players in the automotive industry like Ford, General Motors, and Mercedes-Benz, thereby enhancing Tesla's influence in the EV charging sphere.
Tesla could earn billions through its "Supercharger" models
Gone are the days when Tesla Model S and Model X owners could freely use Superchargers, a nostalgic perk many remember. However, Tesla's adept at keeping customers engaged and the brand enticing. In a recent promotion, they granted new Model 3 buyers three months of complimentary unlimited supercharging. This offer not only appeals to potential buyers but fortifies the allure of their Supercharger network.
While Tesla doesn't impose licensing fees on other manufacturers joining the NACS initiative, they have monetized the actual use of the Supercharger stations. The strategy is clear: entice with some freebies but capitalize on the consistent use. Elon Musk might frequently discuss reducing Tesla vehicle prices, but with the Superchargers, the approach leans more towards ensuring its network becomes not just an asset, but potentially, a financial cornerstone.