Tesla Expands Charging Access With New 'Universal Wall Connector' For Other EVs
Portfolio Pulse from Benzinga Neuro
Tesla Inc. has unveiled a new home charging solution for non-Tesla EVs in North America, the Tesla Universal Wall Connector. The product is inspired by Tesla’s Magic Dock and is designed for home and commercial level 2 charging. It can transform into an integrated J1772 adapter and has features like 44 miles of range added per hour at 11.5 kW/48-amp output, Wi-Fi connectivity, and power-sharing with up to six Wall Connectors. The product is priced at $595 and deliveries are set to commence in October.
August 16, 2023 | 5:01 am
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POSITIVE IMPACT
Tesla's new Universal Wall Connector could potentially increase the company's revenue by attracting non-Tesla EV owners. The product's competitive pricing and unique features could make it a popular choice among EV owners.
The introduction of the Universal Wall Connector expands Tesla's product portfolio and opens up a new revenue stream. The product's competitive pricing and unique features could make it a popular choice among EV owners, potentially leading to increased sales and revenue for Tesla.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100