Tesla to share US charging network with competitors in $7.5Bn federal deal
Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to expand the use of EVs and cut carbon emissions.
The move could help turn Tesla into the universal “filling station” of the EV era – and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States. (ALSO READ: Elon Musk could be world’s richest person again after Tesla shares rise 70%)
By late 2024, Tesla would open 3,500 new and existing Superchargers along highway corridors to non-Tesla customers, the Biden administration said. It would also offer 4,000 slower chargers at locations like hotels and restaurants.
