Tesla Motors Inc (TSLA): 50% Of Germany To Have Supercharger Coverage By April 2014
Tesla Motors Inc (NASDAQ:TSLA) has an ambitious, but realistic goal for the country of Germany. Tesla Motors CEO Elon Musk recently traveled to Germany to talk about how they will be accelerating the rollout of the Tesla Supercharger network there. The number of Model S vehicles sold in Germany has substantially increased.
Elon Musk said that within the next month, Tesla Motors Inc (NASDAQ:TSLA) will be breaking ground in locations for Superchargers between Munich and Stuttgart, Munich and Zürich, Switzerland, and Köln and Frankfurt. Tesla will also expand the Superchargers to include routers between Frankfurt and Stuttgart and Stuttgart and Zürich.
Tesla will have over 50% of Germany covered by the Tesla Supercharger network by April 2014. They also plan to have the whole country covered by the middle of 2014. Tesla said that by the end of 2014, Germany will have more Superchargers per capita than any other country in the world.
The Superchargers installed in Germany will be upgraded to 135kW for faster free charging and longer distance traveling. Musk said that their Supercharger network will be open to other automakers that design cars that can be charged at 135 kW. The Model S in Germany can be optimized for driving on the autobahn.
Germany is not the only country in Europe where the Model S sales are surging. In September, the Model S was the most bought car in Norway. Tesla sold 616 Model S vehicles in Norway in September out of the total 12,168 total vehicles sold, which gave Tesla a 5.1% share of total sales.
Tesla Motors has an extensive network of Superchargers in the U.S. already and they have a goal of getting the Model S vehicle to recharge in five minutes. Earlier this month Tesla Motors Inc (NASDAQ:TSLA) opened up a showroom in Palo Alto, California where the upcoming Model X was showcased. Elon Musk recently won the Stanford University ENCORE award.