Published , by Donovan Erskine
Published , by Donovan Erskine
Tesla’s Supercharger network is one of the most successful aspects of its business and a major reason why it has such a foothold on the electric vehicle industry. As Tesla sets its game plan for 2024, CEO Elon Musk says that the company will spend “well over” $500 million on expanding its Supercharger network this year.
Elon Musk tweeted the news about Tesla’s Supercharger plans in the early morning hours of today. “Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year,” he wrote. “That’s just on new sites and expansions, not counting operations costs, which are much higher.”
Interestingly, this announcement comes less than two weeks after it was discovered that Tesla laid off nearly all of its Supercharger team. After that news came out, Elon Musk stated that Tesla still had plans to grow its Supercharger network.
With Tesla heavily invested in expanding its Supercharger network in 2024, we’ll be watching closely to see what steps the company takes. Stick with Shacknews for everything Tesla.