Elon Musk: "Tesla will spend well over $500M expanding our Supercharger network" - 5/10/24 [⚠️ ADMIN WARNING: USERS BANNED FOR POLITICS]

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Just saw this online. Maybe super chargers are not dead (for the moment):

In a tweet on X early Friday morning, Musk addressed concerns many have had over his recent move to shrink down Tesla’s (TSLA) Supercharger team.

“Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year,” Musk wrote. “That’s just on new sites and expansions, not counting operations costs, which are much higher.”
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Billyk24

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500 Million? Worldwide? In the past I have read $60,000.00to purchase a single Supercharger hardware. Would be neat to figure out how many charging stalls are created from this 500 million.
 

ArthurDOB

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Until something actually happens with superchargers one way or the other, I'm just going to assume it will be status quo and go on my merry way. If my adapter gets here, great. If not, I'll live.

I have done just fine without superchargers so far. I will continue to be just fine without them.
 

Kamuelaflyer

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500 Million? Worldwide? In the past I have read $60,000.00to purchase a single Supercharger hardware. Would be neat to figure out how many charging stalls are created from this 500 million.
The most expensive part of new DCFC units and stations isn’t the charging hardware, it’s the infrastructure. This is part of the delay in closing the various gaps on some of the Interstate Highways. It also can account for the delays in stations located in areas with archaic infrastructure, such as Hawaii (as an example).

Out here we’re spending $3.5 million per new DCFC station due to major infrastructure improvement requirements. 500/3.5 = 142 new stations. At $500,000 per new station (which seems more reasonable than $3.5m per station), that’s exactly 1,000. That doesn’t qualify as thousands of new units plus expansion of existing units.

Further, we cannot determine if his oracular statement is factual or a fabrication without greater detail. This year? How much was already spent? (Tesla’s fiscal year is the calendar year). What was the budget before he rage sacked the team? What is the historical difference between budget allocation and spending? What were the plans before the Sunday morning massacre? How much is due to preexisting contracts? Is this a change from his previous oracular statements (spoiler alert: it is). And on and on.

As usual, he doesn’t like being called on the carpet for shooting first and asking questions later. Nothing more to it imo.

None of which actually answers your question.
 
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AKgrampy

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500 Million? Worldwide? In the past I have read $60,000.00to purchase a single Supercharger hardware. Would be neat to figure out how many charging stalls are created from this 500 million.
One - the rest goes into his bonus.
 

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Elon owes me nothing.
I have never purchased a single product from him.

But I'm willing to admit that my beloved GTPE wouldn't even exist, nor would I be sitting in it right this minute if he wasn't as crazy as he is.

So I guess I do owe him a thanks?
The car is awesome.
 

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Should we care what he says? When is the last time he wasn’t lying about something important to investors between all of his companies. Btw the math doesn’t work out anyway so who cares.

“Funding secured”
 

TheSteelRider

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The most expensive part of new DCFC units and stations isn’t the charging hardware, it’s the infrastructure. This is part of the delay in closing the various gaps on some of the Interstate Highways. It also can account for the delays in stations located in areas with archaic infrastructure, such as Hawaii (as an example).

Out here we’re spending $3.5 million per new DCFC due to major infrastructure improvement requirements. 500/3.5 = 142 new stations. At $500,000 per new station (which seems more reasonable than $3.5m per station), that exactly 1,000. That doesn’t qualify as thousands of new units plus expansion of existing units.

Further, we cannot determine if his oracular statement is factual or a fabrication without greater detail. This year? How much was already spent? (Tesla’s fiscal year is the calendar year). What was the budget before he rage sacked the team? What is the historical difference between budget allocation and spending? What were the plans before the Sunday morning massacre? How much is due to preexisting contracts? Is this a change from his previous oracular statements (spoiler alert: it is). And on and on.

As usual, he doesn’t like being called on the carpet for shooting first and asking questions later. Nothing more to it imo.

None of which actually answers your question.
I assume the new stations are coming "by the end of this year" just like the settlements on mars, full self-driving cars, coast-to-coast summon, 1,000,000 robo-taxis, a sentient robot, 2,000 miles of tunnels, and a brain implant that turns us all into cyborgs.
 

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“All without a SuperCharger team or with a brand new skeleton crew SuperCharger team! I have deemed it so!” — The unspoken part by the Oracle of Pretoria.
yeah same thing he did in twitter, knee jerk gutted everything, now it's valued a fraction of what it was.
 

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Just saw this online. Maybe super chargers are not dead (for the moment):

In a tweet on X early Friday morning, Musk addressed concerns many have had over his recent move to shrink down Tesla’s (TSLA) Supercharger team.

“Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year,” Musk wrote. “That’s just on new sites and expansions, not counting operations costs, which are much higher.”
"We'll be able to do a demonstration guide of full autonomy all the way from LA to New York...from home in LA to Times Square in New York. And then have the car go and park itself," -- Elon Musk 2016
 

phil

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Should we care what he says? When is the last time he wasn’t lying about something important to investors between all of his companies. Btw the math doesn’t work out anyway so who cares.

“Funding secured”
The man is as honest as the day is long. In winter, at the North Pole.
 

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“All without a SuperCharger team or with a brand new skeleton crew SuperCharger team! I have deemed it so!” — The unspoken part by the Oracle of Pretoria.
you haven’t heard? The Tesla robot is going to be installing them
 

ack154

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Not quite what that's saying. BP is really just trying to shop for the real estate/locations that may now be on hold or that Tesla may have or will pull out of. BP isn't going to buy up existing superchargers or anything like that (though maybe they'll go after some of the team, who knows).

Aside from that... this guy is such a twat. It's hard to take anything he says at all seriously. On what planet do you fire the entire 500 person team working on one of your major core competencies, then say you're going to slow the supercharger expansion, and now say you're still going to spend $500m on expanding? On what? Hiring a new team to come up to speed with and do the same shit the people you just fired were doing? What a clown.
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