From Nasdaq:

Tesla’s Supercharger network now has almost 2,000 U.S. locations with nearly 22,000 chargers, growing to 50,000 worldwide. Legacy auto makers are partnering with Tesla to drive EV sales while addressing consumer demand for convenient charging options.

Financial data on the network reveals its revenue indirectly included in Tesla’s “services and other” category of $8.3 billion in 2023, alongside sales of used vehicles, parts, and insurance. Free Supercharging offers to buyers complicate estimating the program’s direct revenue impact.

Investor focus remains on vehicle sales, accounting for over $78 billion of Tesla’s revenue in 2023. Falling gross margins and shifts toward self-driving tech subscriptions add complexity to the stock’s outlook, with charging revenue taking a secondary role in financial analyses.

Customer satisfaction with Tesla Superchargers is crucial given their role as a primary charging option for many Tesla owners. Tesla leads in consumer satisfaction with its Superchargers, affirming the network’s importance in ensuring a positive customer ownership experience.

Investors shouldn’t buy Tesla stock solely for its Supercharger network, but rather focus on the company’s ongoing expansion and quality maintenance. The network indirectly influences sales by addressing EV charging concerns, supporting Tesla’s broader sales strategies and customer satisfaction initiatives.



Read more at Nasdaq: Can Tesla’s Charging Network Supercharge Its Stock?