An assumption not borne out be the fact that Tesla is delivering a lot of Ev while building out the Sc infrastructure. It is not necessarily one or the other.
As explained, the Supercharger network was core business for Tesla from the get-go. That’s
not the case for anyone else. Tesla needed both their vehicle and Supercharger businesses to succeed, else both would die. It is still highly likely that Tesla cross-subsidises its SC network from its vehicle and energy sales, but we don’t know for sure because Tesla publishes no details in their financial accounts that provide sufficient granularity for anyone to work it out. It‘s all deliberately opaque.
But we do know every other DCFC network provider that does publish financial accounts is losing money. And lots of it. ChargePoint posted a net loss of $344.5 million on revenue of $468.1 million for the 2022/23 fiscal year, EVgo lost $106.2 million on revenue of $54.6 million for the 2022 fiscal year and Blink Charging lost $91.6 million on revenue of $61.1 million for the 2022 fiscal year.
And closer to home, Ampol in one of its “Lessons Learned” reports to ARENA stated that EV charging utilisation was only 39% of the utilisation level required to break even.
That’s my evidence that a car company building a DCFC network would be shovelling cash into a dumpster with the result they’d either have to make fewer BEVs, or go broke and make zero BEVs. So where’s your evidence - facts and numbers - that shows that is not the case?
They can do both. When was the last time a car manufacturer only built one model. They usually have investments in several different car models/brands. SC infrastructure is just another business entity within the conglomerate.
Not when it is earnings dilutive, as explained above. It would mean fewer BEVs being built. You may not like that fact, or not believe it, but that’s what would happen. Perhaps you believe companies are magic puddings, they are unconstrained, and can work on anything they like as much as they like without needing more staff or money. And succeed.
You don’t seem to understand that the fact Tesla has had SCs as an integral part of its business from the get-go makes a profound and fundamental difference to the economics of that business, and that
does not and
would not translate to any other car manufacturer.
they are still building out the SC network because not only is it cash flow positive the business unit is profitable.
Where’s your proof for that, i.e full capital costs, lease costs, operating costs, electricity costs etc showing the network overall is making a profit? Please post a link. Because I have seen zero proof from Tesla’s own published accounts that that is the case.
