Tesla Reduces Supercharging Prices To Accelerate EV Adoption Amid Slowing Demand

Quick Summary:

EV giant Tesla Inc (NASDAQ:TSLA) has been reducing the price for charging at its supercharger network in a bid to accelerate electric vehicle adoption, company executive Max de Zegher said on Saturday.

The goal behind the move is to price it lower to accelerate EV adoption and be financially sustainable to invest in expanding the network, the director of charging said.

What Happened: de Zegher said that supercharger prices have been reduced “overall” in the U.S.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: Tesla SuperCharger News Mobility EVs Tech TSLA US88160R1014 Max de zegher Battery electric vehicles Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 11:49:47 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 24273983

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