Cars and Drivers

Tesla Supercharger Partnership Claims To Bring Businesses New Customers

tesla.com

Tesla (NASDAQ: TSLA) continues to expand its Supercharger locations by the hundreds per year in North America. Scrambling to find locations it markets the Supercharger installations as a means for companies to get new customers.

Tesla has two new Supercharger business models. They are called the Supercharger and Destination Charging programs. Tesla’s pitch

Charging facilities installed on your property attract Tesla drivers to your business, providing both new and repeat customers.

The company points out that its drivers spend 30 minutes to recharge their cars. “Destination” chargers, however, are installed places were people are likely to stay several hours, or overnight. These locations get two Tesla Wall Connections at no charge, as long as they are located in visible locations.

The Tesla programs are aimed at resorts, hotels, parking garages, restaurants, retail locations, and even business and residential property owners. It is hard to image why someone would want a charger on his or her private property, but Tesla management must think there is some odd benefit.

The programs will become more attractive, almost certainly, as Tesla gets more cars onto roads. The Tesla 3 will be available to customers soon, if the company can solve production problems. Tesla expects to have several hundred thousand Model 3 cars on the road within the next two to three years.

The only real competition to Tesla’s public chargers is those owners keep in their own homes.

Among Tesla’s problems is the perception that people have to go out of their ways to charge cars. Tesla clearly means to change that.

 

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.