Tesla Superchargers Increase On The Road To SpaceX's Starbase Despite Global Slowdown In Deployment
Portfolio Pulse from Anan Ashraf
Tesla's supercharger network growth slowed in Q3, adding 2,800 chargers compared to over 3,000 in the same period last year. Despite this, Tesla continues to expand in Texas, particularly near SpaceX's Starbase, with new stalls in Robstown and Mathis. The slowdown follows layoffs affecting the supercharging team.
October 14, 2024 | 8:55 am
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Tesla's supercharger network growth slowed in Q3, adding 2,800 chargers compared to over 3,000 last year. Despite this, Tesla is expanding in Texas, particularly near SpaceX's Starbase, with new stalls in Robstown and Mathis. The slowdown follows layoffs affecting the supercharging team.
The slowdown in Tesla's supercharger network growth could be seen as a negative, but the continued expansion in Texas, especially near SpaceX's Starbase, shows strategic focus. The layoffs impacting the supercharging team may have contributed to the slowdown, but Tesla's commitment to invest $500 million in the network this year suggests a neutral short-term impact.
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