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0.000393236335037372 0.000786472670074745 -0.000262157556691519 -0.000393236335037372 -0.00275265434526161 -0.00170402411849534 -0.00367020579368202 -0.00563638746886888
Stock impact report

BP Aims $1B Investment in Tesla Superchargers for U.S. Growth [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
In a recent Bloomberg interview, Sujay Sharma, CEO of BP pulse Americas, revealed the company's ambitious plans to acquire Tesla TSLA Supercharger sites and ramp up its network of charging points. Acquisition Strategy Sharma disclosed that BP is actively pursuing the acquisition of Tesla Supercharger sites across the United States. This move comes in response to Tesla's decision to scale back its Supercharger team, providing an opportunity for BP to expand its presence in the rapidly growing EV market. The company is keen not only on acquiring the sites but also on securing the skilled workforce behind them. Investment Commitment BP is committing a substantial investment of $1 billion in the expansion of its charging network. According to Sharma, this investment will be strategically deployed, with half of the amount earmarked for expenditure within the next 2-3 years. The goal is to install over 3,000 charging points across the country by 2030, catering to the increasing dema Show less Read more
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