Tesla Could Make Up To $3 Billion From Opening Up Supercharger Network

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Tesla Could Make Up To $3 Billion From Opening Up Supercharger Network
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Tesla Could Make Up To $3 Billion From Opening Up Supercharger Network via insideevs.com

. Hence all Ford and GM electric vehicles in the US and Canada will be able to use Tesla Superchargers from early 2024 onwards.

Crucially, this means Tesla’s North American Charging Standard charging connector will now be used by other manufacturers. For GM and Ford's North American vehicles, the Combined Charging System setup will have to be phased out. Current owners will make do with adapters, but future purchasers will get the NACS charging inlet as standard.For Tesla, the main incentive for opening up its network is of course financial gain.

Given Tesla's annual revenue was $81.4 billion last year, an extra $3 billion over 6 years may not seem like a lot. That said it's still a significant amount, and fostering positive relations with Ford and GM could help Tesla in the long term. It will be interesting to see if any other automakers join forces with Tesla. Undoubtedly, not having access to an additional 12,000 chargers is a major disincentive for any EV purchaser.

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