One of Tesla Inc's TSLA biggest advantages in the electric car space is its Supercharger network. With over 20,000 chargers worldwide, Tesla owners can travel many places and get fast convenient charging. A lack of charging infrastructure is what used to make EVs inviable for road trips.
Last November, news was released that Tesla was going to spend $6.4 million on a new Supercharger factory in China. As Tesla increases sales, the company needs to build and install more Superchargers to meet the charging demands of the now thousands of road tripping Tesla vehicles.
See also: How to Invest in Tesla Stock
It appears the Supercharger Factory has officially started operation.
BREAKING: Tesla Supercharger Factory now officially starts operation today. The project was proposed in Aug 2020, soon followed by construction. This factory, located a couple of km away from Giga Shanghai, is designed to crank out 10k V3 Supercharger units annually. pic.twitter.com/35otQoiyxQ
— Ray4Tesla (@ray4tesla) February 3, 2021
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