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Tesla Motors Inc (TSLA) Launches New Supercharger In Home-State Of Gigafactory

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Tesla installs eight Superchargers in Nevada, as it strengthens its charging network for Model S and Model X owners

Tesla Motors Inc (NASDAQ:TSLA) has been splashing large amounts of cash and burning its reserve at a faster pace. Well, why would it not? Apart from ramping up its vehicle and storage battery production, installing Model 3 production machinery, and opening new stores and service centers, the company has been aggressively expanding its global Supercharger network.

The automaker recently opened a new charging station in Nevada, the home-state of its $5 billion lithium-ion battery plant, called the Gigafactory. The Supercharger is located at Stagecoach Hotel and Casino in Beatty, a census-designated place and an unincorporated community. It has eight charging ports and offers free charging 24/7 to Tesla Model S and Model X drivers.

Tesla’s website now shows one store and one service center in Las Vegas, eight Superchargers, and 27 Destination Charging locations across Nevada. Beatty Supercharger is located 118 miles from Las Vegas Supercharger to the east, 115 miles from Lone Pine Supercharger to the west, 141 miles from Inyokern Supercharger to the southwest, and 190 miles from Mammoth Lakes Supercharger to the northwest, according to Google Maps.

Thus, the new charging station liberates Eastern California and Central Nevada to Tesla owners to explore, and establishes a route for Californians to visit Las Vegas casinos without any recharging issues. Drivers could also rest at nearby locations, such as Denny’s, Subway, and Stagecoach Hotel and Casino, while their vehicle recharges.

Nevada is a key state for Tesla’s quest of accelerating the world’s transition to green energy, as it contains the world’s largest lithium-ion battery factory. It would produce 500,000 batteries per year for its vehicles, along with energy-storage batteries, and would reduce battery cost by at least 30% once its fully operational.

The world’s most famous EV company plans to deliver 500,000 EVs by 2020 through the Gigafactory and the mass-market vehicle, the Model 3. Surely, it requires establishing a vigorous Supercharging network across the globe. Tesla has 602 Supercharger chargers with 3,519 charging ports across the globe. This year it plans to add 300 of such charging locations, which can power 170 miles of range in just half an hour. Tesla has allocated capital expenditure of $1.5 billion for 2016, compared to $1.6 billion spent last year.


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