Tesla Adding More Superchargers, Stores, Service Centers Throughout Europe in 2014
March 6, 2014 4:00 PM
comment(s) - last by
Tesla wants potential EV customers to stop worrying about electric range when it comes to the Model S
Tesla Motors recently made a
coast-to-coast road trip
possible in the U.S. with its all-electric Model S sedan, and the automaker wants travelers in Europe to have the same experience.
, there are big plans for an expansion of Supercharger stations throughout Europe in 2014. These stations rapidly charge Tesla's Model S for free, where a full charge takes around 75 minutes. New stores and service centers will be making their way to select European countries as well.
Currently, Tesla has 14 Superchargers throughout Norway, Germany, Switzerland, and the Netherlands. But the automaker is looking to place more within those countries and expand to the UK, France, Spain, Italy, Austria, Denmark, and Sweden by the end of the year. It's not clear how many will be placed total.
Tesla will also open 30 new service centers and stores around Europe. Service centers will be placed in Sweden, Italy, and France for the first time, and stores will open in Birmingham and Manchester in the UK, Lyon and Bordeaux in France, Gothenburg in Sweden, and many more.
Tesla wants potential EV customers to stop worrying about electric range when it comes to getting from point A to point B, and placing more Superchargers between major cities and frequented destinations is the way to do it.
The automaker recently placed more Supercharger stations between
Los Angeles and New York City
in the U.S. as a way of relieving range anxiety for its American users.
Tesla is making its way into
as well, where CEO Elon Musk recently said that the country might match the U.S. in volume "as early as next year" regarding the Model S.
This article is over a month old, voting and posting comments is disabled
3/7/2014 4:45:38 PM
Right, and Tesla has profit. Their gross profit margins are at 25% and growing. They then take that money an reinvest it into the business, hence the low net profit.
Reporting net profit on a growing business is like throwing money away. (Because then you pay corporate taxes on it, if you reinvest the money automatically, it is deductible)
And that is not to say Tesla did not lose money prior, but that was part of investment costs. And I am pretty sure anyone who invested in those years to fund those costs are quite happy with their investments today.
3/7/2014 5:43:43 PM
Their gross margin can be 90%, but if EBITDA is negative you still lost money.
3/7/2014 6:09:54 PM
Again, EBITDA does not account for investment spending. The obsession with useless metric that is net income is one of the reasons why our economy is doing so bad. Because it incentivizes not investing the money and instead holding it to report net profits.
The only use for net income is building up cash on hand. Otherwise it is useless for the company.
Amazon is a perfect example of how a company can rapidly grow and sustainable so without reporting any significant net profit.
"My sex life is pretty good" -- Steve Jobs' random musings during the 2010 D8 conference
Tesla Motors Wants in on China's EV Subsidies
February 12, 2014, 10:37 AM
Tesla Relieves Model S Drivers of Road Trip Anxiety with Coast to Coast Superchargers
January 27, 2014, 10:34 AM
Ford, Toyota, and Universal Pictures Celebrate "Back to the Future Day' in Style
October 21, 2015, 4:19 PM
Consumer Reports Flexes Muscle, Hits Slumping Tesla Motors Stock
October 20, 2015, 4:13 PM
Debunked: Beneath the Lies, Nigerian "Pee Generator" Is Still Pissing Into the Wind
October 19, 2015, 7:53 PM
Hot Air? President Obama, G7 Pledge to Eliminate Most Fossil Fuel Use by 2100
June 8, 2015, 5:40 PM
Study Predicts Self-Driving Vehicles Could Rake in Billions
March 6, 2015, 8:34 AM
Dual-Motor Tesla Model S P85D's "Insane Mode" Shocks Passengers
January 28, 2015, 11:18 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information