Elon Musk Mourned Tesla's Lack Of Market Share In Japan In January; EV Giant Now Opens 600th Supercharger Post In Country
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has opened its 600th supercharger station in Japan, marking a significant milestone with 60,000 supercharger posts globally. This move aligns with CEO Elon Musk's strategy to increase Tesla's market share in Japan, the third-largest car market, by expanding infrastructure rather than spending on advertising.
October 17, 2024 | 7:35 am
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Tesla has opened its 600th supercharger station in Japan, marking a total of 60,000 supercharger posts worldwide. This expansion is part of Tesla's strategy to increase its market share in Japan, the third-largest car market, by focusing on infrastructure rather than advertising.
The opening of the 600th supercharger in Japan is a strategic move by Tesla to increase its market share in a key market. This aligns with Musk's earlier statements about focusing on infrastructure to boost awareness and sales in Japan. The expansion of the supercharger network is likely to enhance Tesla's brand presence and accessibility, potentially leading to increased sales and revenue in the region.
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