Comment by losvedir
Comment by losvedir 10 months ago
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.
Gas is lower margin than the other things in a convenience store, but they sell enough more gas than anything else that much of the money is there. I haven't checked in 10 years, but at one time I did read the share holders information from a convenience store and for that brand it was about 1/3 gas, 1/3 tobacco, 1/3 everything else. Tobacco is very high margin but very few people buy it. The everything is is a nice high margin, and most people buy, but they don't buy every trip. Gas is what gets people in the doors and often is all people get.