Tesla Semi Charging Infrastructure Costs Can Undercut Competition By 50%, Says Senior Company Executive

Quick Summary:

Tesla Inc.(NASDAQ:TSLA) can deploy fast charging for its Semi truck at about $500/kW given its experience in developing and deploying charging infrastructure, company executive Dan Priestly said on Saturday while acknowledging the relevance of charging infrastructure to boost demand for the upcoming vehicle.

What Happened: “By leveraging the in-house built hardware common with Tesla Charging and experience from deploying >60k DC posts, we can often deploy fast charging for Semi at ~$500/kW (fully landed cost to customer).

Not uncommon for competing installations be >2x that,” Priestly said in a post on social media platform X.“Tesla's vertical integration, economies of scale, and developed construction techniques enable this [sic] savings and help make Semi even more compelling,” he added.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: News EVs US88160R1014 Lars Moravy TSLA Tech Elon Musk Mobility Benzinga Dan priestly Tesla Semi Electric vehicles

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 06:25:49 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23279966

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