Tesla unveiled a next-generation Supercharger designed to add up to 75 miles of range in just 5 minutes

Business Insider

Published Mar 07, 2019 08:39AM ET

Updated Mar 07, 2019 09:35AM ET

  • 2019 was supposed to be easy for Tesla, but now it's a circus

    The electric-car company has been keenly focused on developing its charging infrastructure — an effort that's been kicked into high gear since the Model 3 sedan, its first mass-market vehicle, went on sale.

    Echoing its previous remarks on the matter, the company said "charging needs to be even faster, and the number of vehicles able to charge at a location in a day needs to be significantly higher."

    To that end, Tesla says its new V3 chargers will also be able to charge vehicles at optimal rates, even at Supercharger stations where multiple vehicles are charging at once.

    "With thousands of new Superchargers coming online in 2019, the launch of V3, and other changes we’re making to improve throughput, the Supercharger network will be able to serve more than 2x more vehicles per day at the end of 2019 compared with today," Tesla said.

    Get The News You Want
    Read market moving news with a personalized feed of stocks you care about.
    Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes