2 ms·
Let's stipulate the Tesla has done the best job of building a network of chargers that actually works. On that basis, Tesla could spin it off as the highest val
by Zigurd 1y ago
Let's stipulate the Tesla has done the best job of building a network of chargers that actually works. On that basis, Tesla could spin it off as the highest valued charging network in existence.
The problem is that charging revenue provides Tesla an astronomical contribution to the share price, with Tesla's current price to earnings ratio. It would only make sense to sell it if Tesla were pressed for cash. Instead Tesla has more cash than they've felt like deploying to, for example, update their product line. No need to pile more on top of that.