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Stockreport

Elon Musk says Tesla will spend $500 mln to expand charging network [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
"That's just on new sites and expansions, not counting operations costs, which are much higher," Musk said in a post on his social media platform X. After the layoffs last week, Musk said that Tesla planned to expand the Supercharger network but at a slower pace for new locations. EV makers have been adopting Tesla's North American Charging Standard, making the company's superchargers closer to becoming the industry standard at the expense of the rival Combined Charging System. However, Musk's decision to gut the electric-vehicle charging team is scrambling plans for rolling out new fast-charging stations and may delay President Joe Biden's efforts to electrify U.S. highways. The Biden administration has doled out $5 billion to states over five years to build 500,000 EV chargers as part of the National Electric Vehicle Infrastructure program, and Tesla has been among the biggest winners of those federal funds so far. (Reporting by Akash Sriram in Bengaluru; Editing by Anil [Read more]
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Stockreport

Elon Musk says Tesla will spend $500 mln to expand charging network [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
"That's just on new sites and expansions, not counting operations costs, which are much higher," Musk said in a post on his social media platform X. After the layoffs last week, Musk said that Tesla planned to expand the Supercharger network but at a slower pace for new locations. EV makers have been adopting Tesla's North American Charging Standard, making the company's superchargers closer to becoming the industry standard at the expense of the rival Combined Charging System. However, Musk's decision to gut the electric-vehicle charging team is scrambling plans for rolling out new fast-charging stations and may delay President Joe Biden's efforts to electrify U.S. highways. The Biden administration has doled out $5 billion to states over five years to build 500,000 EV chargers as part of the National Electric Vehicle Infrastructure program, and Tesla has been among the biggest winners of those federal funds so far. (Reporting by Akash Sriram in Bengaluru; Editing by Anil [Read more]
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TSLA
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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High:
Low:
MAX DOWN
Low:
%
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%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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