Elon Musk says Tesla is spending $500 million on Superchargers this year after firing entire team
Elon Musk says Tesla is going to spend over $500 million on expanding the Supercharger network this year after firing the entire charging team. It says a lot about the reason behind the firing. Last week, Elon Musk fired Tesla’s entire charging team amid broader layoffs at the company. We reported that the move resulted in Tesla backing out of leases on planned Supercharger stations and a lot of confusion amongst its partners in ongoing projects. This undoubtedly will result in Tesla’s slowing down its charging station deployment. Musk previously said that Tesla still plans to deploy Superchargers, but at a slower rate and with a focus on adding chargers to existing stations. Now, the CEO says that Tesla will spend more than $500 million on expanding the Supercharger network this year: Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year. That’s just on new sites and expansions, not counting operations costs, which are much higher. — Elon Musk (@elonmusk) May 10, 2024 Tesla has never released its …