Tesla's Loss, Revel's Gain: Ride-Hailing Company Eyes Abandoned Supercharger Sites In New York
- by Benzinga.com on MSN.com
- May 06, 2024
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Revel CEO Frank Reig, in a LinkedIn post, said: “While I still don't see how it's good for Tesla, letting go of the Supercharger team is great for the rest of the industry.”
"They've burned landlord relationships. They've ceded market share. They've freed up top talent,” he added.
At present, Revel operates over 50 charging stalls in Brooklyn and Queens, with its fleet mainly comprising Tesla Model 3 and Model Y units. The company began incorporating the Kia Niro into its fleet last year.
Why It Matters: Tesla’s decision to slow down the expansion of new Supercharger locations came after the exit of its unit head, Rebecca Tinucci following mass layoffs at the EV giant.
CEO Elon Musk stated that the company would still grow the Supercharger network, albeit at a slower pace for new locations, and instead concentrate on maintaining 100% uptime and expanding existing locations.
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