Comment by JanSolo
Comment by JanSolo 2 days ago
> I still struggle to see how this ends up favorable for Tesla in the long run.
They're expanding their customer-base by maybe 2x or more. Those new customers will be be giving recurring payments to Tesla. For vehicles that Tesla didn't build. How is that not favourable?
Tesla doesn't break out the details, but I think it's generally understood among investors that they just break even on Supercharger. Their profit comes from their cars, and the Supercharger network was a competitive advantage to get people to buy the cars.
I think they opened up the Supercharger network to ensure that the US didn't establish CCS as the standard and overtake Superchargers, such that Teslas have a competitive dis -advantage, but I don't think they're particularly thrilled to have all these other companies using their chargers.
People seem to think they're raking it in with the Superchargers, but distributing electricity is a low margin business. Same with gas stations where the money mostly comes from the convenience store part of it and such.