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> Their business plan is that they know they won't make every EV that is sold, but they will make money by charging many more than they sell. That's such a tou
by rootusrootus 3y ago
> Their business plan is that they know they won't make every EV that is sold, but they will make money by charging many more than they sell.
That's such a tough market, though. They make thousands of dollars per car they sell. Fast chargers are for road trips, which means most EV owners don't rely on them day-to-day. Making the same thousands of dollars of profit from fast charging is no small task. And given it has to be made over the long haul, it's even harder to get the same value.
Combine that with the fact that there are already lots of non-Tesla fast chargers and there will be ever more going forward, and I think this business decision looks risky. I can only interpret it as a statement on what they think is going to happen to their new car profit margin.
- bonestamp2 3y agoSure, but they also get to remain the leader and not have to change all of their cars and chargers, so it's a convenient way to make some surplus revenue. The next closest company in terms of charging infrastructure is VW and they're nowhere near Telsa.