Tesla Says Using Wet Cloth On Supercharger Cables Does Not Increase Charging Speeds, Warns Customers Of 'Risk Of Overheating Or Damage'
Portfolio Pulse from Anan Ashraf
Tesla has warned customers against using wet cloths on supercharger cables to speed up charging, citing risks of overheating and damage. The company also reported a slowdown in the growth rate of its supercharger network, which has been impacted by recent layoffs. However, Tesla plans to invest $500 million in expanding the network this year.
July 26, 2024 | 6:58 am
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Tesla has warned customers against using wet cloths on supercharger cables, citing risks of overheating and damage. The company also reported a slowdown in the growth rate of its supercharger network due to recent layoffs but plans to invest $500 million in expansion this year.
The warning about using wet cloths on supercharger cables is important for customer safety but is unlikely to have a significant short-term impact on Tesla's stock price. The slowdown in supercharger network growth due to layoffs is a concern, but the planned $500 million investment in expansion could offset this. Overall, the news is neutral for Tesla's stock in the short term.
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