Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Tesla Motors is working for tripling their supercharger stations by the end of the next month. That would give Teslas customers a possibility to use the electric sports car from LA to NY. Musk noted that current expansion of stations would give customers more freedom which is a basic goal in companys service.

“Its very important to address this issue of long distance travel” he said for CNN. “When people buy a car, they are also buying a sense of freedom, the ability to go anywhere they want and not feel fettered.”

Tesla plans to cover the whole country with its supercharger stations in the next two years. The CEO was a part of the D11 conference in south California this Thursday where he answered to some questions in detail about Tesla products. The superchargers stations would offer an option of quick charging which would be available as a basic in the higher class models but also as an option for the more affordable electric cars. Also a great plus is using the stations would be free of charge for Tesla owners.

There has been a debate over Teslas technology reliability as New York Times did a test drive from New York to Boston and Teslas model failed to make it as it ran out of charge. Musk commented the data from the trip showed some significant push over the limit by the driver which caused the problem.

CNN Money also tested the electric automobile and showed the car able to make it with the help of supercharger network of stations. Tesla also took into consideration producing a reliable backup chargers which would allow their cars to run more than extra 80 miles in a heavy traffic.

The feedback for Tesla is impressive for such an innovative technology. The US car magazine put one of the Teslas models for a car of the year in first place. Consumer Reports, a highly influential magazine gave the electric car the label of “best car the magazine has ever tested”

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Euro Edges Higher vs Canadian Dollar on Better OutlookEuro Edges Higher vs Canadian Dollar on Better Outlook Key Moments EUR/CAD trades near 1.6120 during Monday's European session after three consecutive daily declines. Eurozone Sentix Investor Confidence rises to 0.9 in August, its first positive reading in five months. Support […]
  • AUD Slides as Geopolitical Risks Boost DollarAUD Slides as Geopolitical Risks Boost Dollar Key Moments AUD/USD trades around 0.7000 on Thursday in Asia, surrendering recent gains as the pair returns to negative territory. Australian Consumer Inflation Expectations fell by 0.8% in July to 4.7%, down from 5.5%, while […]
  • Commerzbank Sees Real Rebounding After Election VolatilityCommerzbank Sees Real Rebounding After Election Volatility Key Moments Commerzbank FX analysts highlight the Brazilian Central Bank's hawkish stance and elevated real interest rates as key supports for the BRL. USD/BRL is expected to remain under pressure until the October […]
  • EUR/JPY Pressured as Triangle Support Comes Under RiskEUR/JPY Pressured as Triangle Support Comes Under Risk Key Moments EUR/JPY traded around 183.60 during Asian hours while probing the lower edge of a symmetrical triangle near 183.50. The cross remained below key intraday EMAs and the session VWAP at 184.28, leaving the short-term […]
  • Salesforce to cut staff by 10% as part of restructuring planSalesforce to cut staff by 10% as part of restructuring plan Salesforce Inc on Wednesday announced a restructuring plan, aimed at reducing operating costs and improving operating margins, which also includes current workforce reduction by about 10%."As our revenue accelerated through the […]
  • USD/MYR edges lower as traders reassess US rate outlookUSD/MYR edges lower as traders reassess US rate outlook The USD/MYR currency pair weakened on Thursday as US President Donald Trump's tariff plans and a cautious approach from Federal Reserve policy makers prompted market players to reassess US interest rate outlook.US President Trump announced […]