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Tesla's Shrewdest Product Is Proving to Be Its Charging Network

12 Jun 2023 | Abstracted from Yahoo Finance

"Magic Dock is a Tesla connector that allows other EVs to use the company's extensive charger network. It's hardware that's added to the charging station itself - there's no need for drivers to carry an adapter in the trunk.

Tesla is the largest installer of ultra-fast chargers in the US...accounting for 71% of installations in 2022. Tesla's decision to invest billions of dollars into owning and operating its own charging network has given it a formidable edge in the US over automotive and charging rivals alike."



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