This Week in Tesla: Supercharging Network to Open to Other Automakers, Tesla Will Likely Resume Bitcoin Payment
By: Charlie O'Mara
Supercharging Network to Open to Other Automakers -
As Tesla’s network of high-powered Superchargers has grown, there has been increased support for opening the network to other Automakers. Not only would this increase the rate of EV adoption, but it could be very lucrative for Tesla. This week, Tesla CEO Elon Musk confirmed that Tesla indeed plans on opening its network to other automakers “later this year.” While this is likely good for Tesla and EVs as a whole in the long run, it could mean that Superchargers begin to become much more crowded by non-Tesla cars. This could pose a problem for Tesla, and the most simple solution would be to make charging more expensive for non-Teslas as that could help mitigate the network becoming overwhelmed.
Tesla Will Likely Resume Bitcoin Payment -
This week at the Bitcoin conference “The B Word,” Elon Musk confirmed that Tesla will likely resume the reception of Bitcoin payments for their products. Tesla had previously offered Bitcoin payment but quickly removed it due to concerns over the sustainability of Bitcoin mining, but the company has since done research and the option has returned. Crypto mining setups can actually be positive as many of those used in China are ran through hydroelectric power, and the heat they produce can be used to heat homes.