TECH - Elon Musk Debunks Rumors Of Death Of Tesla Supercharger Network As 'Greatly Exaggerated' Says It Is 'Continuing To Grow' | Benzinga
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday slammed rumors on the death of its supercharger network as “greatly exaggerated.”
What Happened: “Our supercharger network is continuing to grow,” Musk said at the company’s annual shareholder meeting on Thursday. “Rumors of the death of the supercharger are greatly exaggerated.”
The company is continuing to grow its supercharger network while keeping an eye on capital efficiency and the places they are deployed, Musk said while adding that the company will deploy more “working” superchargers this year than the rest of the industry combined.
Tesla will invest $500 million in expanding the network this year, Musk said, reiterating his investment goal from last month.
Opening Network To Rivals: At the end of the first quarter, Tesla had 57,579 Supercharger connectors ...