Big news for Tesla Motors Inc (NASDAQ:TSLA) this past week. Tesla Motors has been granted permission to open a dealership in the state of Virginia. This reverses an earlier decision that Tesla Motors could only apply for a dealership license by Department of Motor Vehicles Commissioner Richard Holcomb. Tesla Motors Inc (NASDAQ:TSLA) also unveiled the CHAdeMO adapter for the Model S sedan.
The reversal was due to discussions between the DMV, Tesla Motors Inc (NASDAQ:TSLA), and the Virginia Automobile Dealers Association.
The law in the state of Virginia requires that vehicles must be sold through a dealer, unless the manufacturer can show that no dealer is available. Tesla Motors asked for an exception because their unique marketing strategy would not be an attractive option for traditional dealers. Inventory is not kept on hand and customers use touch screens to customize options and order a car.
The agreement gets Tesla Motors close to opening a factory-owned dealership in Tysons Corner, Virginia. Tesla Motors Inc (NASDAQ:TSLA) Said that they are going to withdraw their lawsuit against the state. Tesla Motors is also battling dealer organizations in the states of Minnesota, Texas, New York, North Carolina, and Massachusetts.
Tesla Motors has started to support the CHAdeMO adapter. CHAdeMO is the trade name that is used of a quick charging method for battery electric vehicles. It can deliver up to 62.5 kW of high-voltage direct current through a special electrical connector. CHAdeMO is an abbreviation for “CHArge de MOve,” which means “charge for moving.” This name is a pun for “O cha demo ikaga desuka.” This means, “how about some tea?” in Japanese. This refers to the time it would take to charge a car, which would be under half an hour. CHAdeMO was created by The Tokyo Electric Power Company, Nissan, Mitsubishi and Fuji Heavy Industries.
Tesla Motors Inc (NASDAQ:TSLA) quietly added a new item to the Model S accessories that adds support to the CHAdeMO fast charging stations. Tesla argued in the past that their fast charging standards was better than other systems.
By offering the CHAdeMO available for customers, Model S owners will be able to drive in areas that Tesla has not built Supercharger stations. The CHAdeMO adapter plugs into the Supercharger port on one end and provides a CHAdeMO on the other side.
The public CHAdeMO charging stations hit a peak of between 25 kilowatts to around 50 kilowatts, which is lower than Tesla’s 90 kilowatt charge rate at their Superchargers. Tesla has plans to bump up their Superchargers to 120 kilowatts too.
Tesla said that the CHAdeMO charging stations along the West Coast Electric Highway in Washington and Oregon will enable the Model S to hit 70 miles of range per hour of charging, but a full recharge of the Model S could take between 3 and 4 hours.