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Tesla implements much-needed Supercharger price reduction as network hits all-time-high

Tesla implements much-needed Supercharger price reduction as network hits all-time-high

Tesla is implementing a much-needed price reduction across its Supercharger network as it hits a new usage all-time high.

Despite some misunderstanding from non-EV drivers, it is arguably more convenient to charge an electric car than it is to refuel a gas-powered car.

If you have home charging, you wake up daily with a fully charged vehicle and only need to charge outside the home at DC fast-charging stations whenever you drive long distances.

This is also not a bad experience, especially at Tesla’s Supercharger stations, which are common and reliable and can get most electric cars charged up from 10 to 80% state-of-charge in 25 minutes.

However, they were becoming quite expensive. In some cases, a full charge was becoming dangerously close to the cost of a tank of gas, which devalued one of the most significant advantages of EVs: the cost of operations being much cheaper than fossil fuel-powered vehicles.

Tesla has now started to address this issue with some Supercharger price reductions across the entire network.

Many Supercharger users in Europe reported last week seeing up to 10 cents per kWh reduction in pricing at some Supercharger stations.

Tesla owners are now confirming seeing those price reductions at Superchargers in North America too.

My own local Supercharger stations in Quebec went down from $0.50 per kWh to $0.42 per kWh. It’s a significant price reduction, but it’s still way more expensive than the $0.09 per kWh that I pay at home.

Max de Zegher, Tesla’s new head of charging, confirmed the price reduction on X and added that Tesla’s goals for Supercharger pricing are:

  1. price low to accelerate EV adoption, we pass on cost efficiencies
  2. be financially sustainable to invest in the network, growing dependable freedom to travel

de Zegher also confirmed that Tesla’s Supercharger network in North America delivered a record 12 GWh on November 30th.

That could be roughly $5 million in revenue in a single day from the Supercharger network.

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