Beginning sometime later in 2022, Tesla (NASDAQ: TSLA) plans to open up a Supercharger network to electric vehicles in the United States.
All throughout Europe, Tesla has been permitting electric vehicles that are not affiliated with Tesla to utilize its Supercharger, but has only just recently indicated that such usage would be possible in the United State by the end of 2022.
This past April, the United States government reported that Tesla would need to add at least 1,100 charging stations in order to be sufficient enough to meet consumer needs. By making these additions, Tesla hopes to bring in more income and focus on its business, since automobile companies have been coming out with new electric vehicles, and will only continue to do so in the coming years.
The White House recently released a fact sheet last month regarding the Tesla Supercharger program. Titled "Biden-Harris Administration Catalyzes more than $700 Million in Private Sector Commitments to Make EV Charging More Affordable and Accessible," the fact sheet contained a section called "Additional Industry Actions." This section said, "Tesla is expanding production capacity of power electronics components that convert alternating current to direct current, charging cabinets, posts, and cables. Later this year, Tesla will begin production of new Supercharger equipment that will enable non-Tesla EV drivers in North America to use Tesla Superchargers."
This piece of news about Tesla's investment indicates that President Biden is attempting to bolster the sphere of domestic manufacturing by establishing a national network of chargers, along with the establishment of various new job opportunities.
The memo from the White House did not provide specific details regarding the exact amount of money that Tesla will invest in its Supercharger network, but the Biden administration has stated that it would like to set aside at least $5 billion in order to reach a point of obtaining 500,000 chargers by the year 2030. Presently, there are 41,000 charging stations with Superchargers in the United States, with over 100,000 outlets.