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Tesla has expanded its charging network through partnerships with two major companies, offering more charging options for Tesla owners and vehicles compatible with the North American Charging Standard (NACS).

  • Turning back to Tesla’s dominant Supercharger network, the EV maker notched another big automotive partner on Thursday as well, with Honda (HMC) announcing it will implement the NACS plug in its new EVs starting in 2025, meaning native access to Tesla’s Supercharger network.
  • Honda says it will offer an adapter plug in 2025 for its older EVs using the CCS standard for backward compatibility; however, unlike other Tesla charging partners like GM, Ford, and Mercedes, Honda won’t gain access to the network until 2025, whereas the other partners will gain access to the Supercharger network early next year.
  • Hilton, a hotel operator, plans to install 20,000 Tesla Universal Wall Connector plugs at 2,000 of its hotel locations across the US, Canada, and Mexico, starting in early 2024. This initiative will create the largest EV charging network among hospitality companies and complements Hilton's existing chargers at 1,850 Hilton-branded hotels worldwide.
  • Hilton's decision to invest in EV charging infrastructure is driven by increasing customer demand for convenient charging options while traveling. Searches for EV charging on Hilton's website have grown significantly, making it the second-highest search category for converting searches into stays.
  • It's important to note that Tesla's Universal Wall Connectors, used in this partnership, provide slower AC charging compared to Tesla's Supercharger Network, which offers faster DC charging.
  • This expansion of Tesla's charging network demonstrates the growing importance of EV infrastructure and the hospitality industry's commitment to meeting the needs of electric vehicle users.

Tesla will be the Biggest Gas Station in the USA


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Tesla strikes charging deal with Hilton, Honda to join Supercharger network

Two more big partners have signed up with Tesla's (TSLA) charging network, opening up more charging availability for Tesla owners and cars equipped with NACS (North American Charging Standard) compatibility.

Comments

Anonymous

Slow down Tesla! Love it

Anonymous

Good stuff. Do we have a sense of how much tsla makes per charger etc? And what this means to the bottom line

Anonymous

Past 3 days proving my TSLA short is working out. Plus, "China would never ban iPhones nationwide," we hear the Wall Street analysts with rose-colored glasses opine. "They would never kick out Tesla. The economic cost would be too great." Hahaha. Do you really think Xi cares about that?

Anonymous

It is very possible that this is step 1 in cutting off US but that could take years to play out so it’s hard to use this as a short thesis considering the stock market is generally green from Oct to Jan which means pain for shorts

Anonymous

James. Have you covered whether we have enough electricity in the US to support all the electric cars? I think that would be a really neat analysis if you have time to do it. I know Elon was telling power companies to build a lot more capacity. If Texas fragile electric grid goes down due to these hot days, could Texas government ask those with electric cars to not charge during the day so buildings have air conditioning and other critical infrastructure gets power? I view this as a significant potential hit to the stock. It's getting hotter in Texas with more above 100 degree days our Texas population grows. We had several warnings in the past few weeks to conserve power as temperatures hit 107. And there aren't really that many Teslas on the road here in comparison what it's going to be like in a couple of years. Everybody wants a Tesla and will start sucking major amps out of the Texas grid. I'm worried as a Tesla stock owner. Any insights you could provide would be awesome. Keep up the great analysis we all appreciate it.

Anonymous

Fill her up lol love it

Anonymous

Honda won’t be a name of significance by 2025. Their line-up is just not up there with the competition.

Anonymous

I guess I don't understand the hype. With electric replacement batteries costing $29K and requiring the use of minerals with sketchy mining practices, not to mention the fire risks, how are EVs so attractive?