I mean they’re buying electricity for 10 cents and selling it for 60. They sell quite a few kw per hr that way at the fast chargers, and there are frequently lines so it’s not as if supply greatly outstrips demand.
Profit is the incentive.
Profit is the incentive.
The only charging network I know that is publicly traded is Chargepoint, and they have never turned a profit. In fact, their losses have increased as revenue has gone up. But, they are not a perfect example since their chargers are independently operated with prices set by the operator (with prices anywhere from free to significantly in excess of retail electricity prices).
Maintenance doesn’t seem to be even half the issue for Tesla that it is for the rest but they could also just care more. I suspect it’s both.
DC fast chargers are >$100k to install in the US.
I'm sure careful people tried to make a plan but they all ended up being such a dumpster fire of failures and low quality with no visible plan to fix them it's hard to understand.
You'd think now that Tesla is under 50% of EV sales here (and under 20% globally) that this problem will be solved soon, but I really don't know.