Possible Tesla Supercharging Partner In Europe

Sep. 25, 2015 1:09 PM ETTesla, Inc. (TSLA)VWAGY246 Comments
Bill Lobner profile picture
Bill Lobner


  • Elon Musk was interviewed on Thursday by the German Ministry for Economy and Energy at a conference entitled: Economy for Tomorrow.
  • During this conference, Mr. Musk said that Tesla was recently approached by a European carmaker about a Supercharging partnership.
  • With recent news of the Audi E-tron Quattro and Porsche Mission E, it's possible that Volkswagen Group is considering a partnership with Tesla on its Supercharging technology.

Elon Musk's interview in Germany on Thursday has shed light on a new opportunity for Tesla Motors (NASDAQ:TSLA). Mr. Musk said that Tesla Motors was recently approached by a European carmaker about a partnership on Supercharging technology. As Tesla's mission is "to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible," Mr. Musk said that Tesla is open to any company using its Supercharging network. He went on to explain that TSLA's charging network was never meant to be an exclusive system that kept others out and that Tesla is committed to helping speed the transition to EVs in any way possible. However, he did state two requirements for any company that wants to use Tesla's Supercharging network:

  1. All vehicles must accept a high rate of charge to reduce charge times (The Model S has the capacity to charge at up to 120-135 kW).
  2. Any company using Tesla's network must pay a proportionate share of costs based on vehicle usage (a fair system as Tesla has already invested heavily into Supercharger deployment).

These seem like reasonable requests as Tesla currently holds all the cards in this scenario. In addition, Musk added that he's also open to other car companies adding charging stations to the network which could then be used by all parties involved. This type of partnership would drastically speed the deployment of DC charging technology worldwide, and Tesla, along with its customers, would be the main beneficiary as it is closing in on 100,000 total Tesla vehicles on the road.

I also suspect that any Supercharging partnership would boost consumer confidence in Tesla and increase long-term demand. Tesla would also benefit from increased resources in developing a robust charging network. Volkswagen (VLKAY), for example, would bring much needed capital into the equation

This article was written by

Bill Lobner profile picture
I have a degree in Environmental Science from the University of Wisconsin Green Bay and am completing the Environmental Science and Policy Master's program at UWGB. I have work experience in paper, wastewater and healthcare industries as an environmental / energy consultant. However, my true passion is with renewable energy, electric vehicles and sustainability.

Disclosure: I am/we are long TSLA. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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