Tesla Motors Inc. is building a network of fast-charging stations, owner of his luxury electric cars drive transcontinental this year with equipment able to repower in 20 to 30 minutes to leave them.
The automaker, which this year has tripled in value, also the number of solar-powered compressor stations is tripling by the end of next month so that model S owners can drive cross country sedan, said Tesla in a statement yesterday. The goal is to increase the size and the benefits of the network, Chief Executive Officer Elon Musk said in a conference call yesterday.""We are not only geography add, we are the density on well-traveled routes add", musk said. "Will take all of Los Angeles to New York only the compressor network."
Tesla needs a wider network of charging stations to customers through California and the northeastern United States, where it now refuelling spots appeal. Without such stations, Tesla drivers through an estimated 265-mile are limited (426 km) range from a single battery charge.
The first group of new stations, it is added in California; between Vancouver, Seattle and Portland, Oregon; Austin, Texas, Dallas; Illinois; and Colorado, the company said. You cost about $300,000, including solar panels, said musk.
"Six months Tesla compressor will most of the major areas of the Metro in the United States and Canada network connection," said Tesla in the statement yesterday.
Tesla, based in Palo Alto, California, rose 0.3 per cent to $104,95 at the end of yesterday in New York. Tesla has compared won index 210 percent this year with an increase of 16 percent for the Russell 1000.
Now, owners said nine stations free electricity for model S and the company plans to have stations for "Almost the entire population of the United States and Canada until next year," Tesla in the statement. The electric car manufacturer previous target 100 stations by 2015 happens now "twice as fast as originally planned," musk said on the call.
"I think that more Superchargers helps to relieve range anxiety concerns, so it's probably a sensible use of cash", Ben Schuman, analyst at Pacific Crest securities in Portland, said the prices Tesla sector perform. "It's hard to argue that Tesla owners benefit more charging infrastructure does not."
The announcement by musk, who is Tesla's largest shareholder, follows a series of events this month, put the Tesla of the most financial security since its inception a decade before.
The carmaker first quarter profit followed a top rating from consumer reports for the model S and a stock price surge. Creates an opportunity for $1 billion from the sale of equity and debt capital to increase investor demand and U.S. Department of energy be loan nine years early retirement.
While Tesla in the premium segment car works, there as assets of the company improve, Tom Turrentine said Director of the California Energy Commission plug-in-hybrid & electric vehicle Research Center at the University of California, Davis, certain "Spillover" effect for all plug ins and electric vehicles.
"This makes electric and electric cars cool, gives them some cachet," Turrentine said. "The free network is probably a relatively small cost for Tesla, but it carries a big, positive story."
The carmaker, named after the inventor Nikola Tesla began after the Chargers open Tesla's Web site last year, including six on California highways and three in Connecticut and Delaware.
Currently, it allows a car at home, be repowered in a fraction of the time, provide for 150 miles of driving range in about 30 minutes with current flows at about 400 volts. Fully recharge a model S, price of $69,900, takes up to eight hours with a 240-volt home download system.
With 100 stations, revealed Tesla cross-country highways including Interstate 80, Interstate 90, which runs from Seattle to Boston, from San Francisco to Teaneck, New Jersey, stretches with around 20 stations each if they are placed every 150 miles. Interstate 75, from Sault Sainte Marie, Michigan, Fort Lauderdale, Florida, in the vicinity of lead may be about 12 stations.
At 150 miles per charge a Tesla driver covered the distance of from Los Angeles to New York with intermediate stops at less than 20 charging stations, depending on the route. A driver of a conventional car with a 400 km range could make the drive with only seven tanks of gas.
"Tesla continues to make progress in reducing the anxiety of range anxiety for consumers who hesitate to buy an electric car", said Alec Gutierrez, an Irvine, California - based senior analyst at Kelley Blue Book. "Is built up a network nationwide, consumers can't wait several hours for their vehicles to recharge requires, it is still consumers to purchase a stay at the edge and more mainstream vehicles."
The ability to drive an electric car coast to coast is not so much as standard charger from public to make more ubiquitous said Don Anair, Research Director for the clean vehicles program of the Union of concerned scientists in Berkeley, California.
"Most people don't go that far from home on a regular basis, but want to know that they not problems with their vehicles under normal circumstances", Anair said.
Use of Tesla's compressor is fitted as standard with high-end versions that have the model S, a 85-kilowatt-hour battery pack and are priced from $79,900. The Chargers can with a 60-kilowatt-hour battery pack as a $2,000 option.
Owner repower installed for free their cars at the stations powered by solar panels and maintained by SolarCity Corp., where musk is also the Chairman and biggest investor.
While not all Superchargers first receive energy from solar panels, this function in the long term is added to musk said yesterday. You batteries store electricity and be completely from the mains of the electrical transmission, also have, he said.
Drivers will use the stations even with "Zombie Apocalypse", he said.
Network charging voltage for the time being this is a novelty for some wealthy model S owners more Turrentine said.
"In reality are many people who use it are people who would normally fly in their personal jets," Turrentine said. "they can now between Palo Alto and L.A. or Las to Vegas and then tweet about it."
Copyright 2013 Bloomberg
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