ChargePoint's Not Speedy, but It Sure Is Handy for Tesla Owners

Tesla’s charging hardware is proprietary, but an adapter allows for entry into a vast network.

May 14, 2014 at 8:31AM

ChargePoint has a 70% share of all networked public charging stations and operates on four continents. But does this global network matter for Tesla (NASDAQ:TSLA) owners?

It turns out that even Tesla vehicles can use ChargePoint. Don't expect the same speed you'd get from a Tesla Supercharger, however, which can provide 170 miles of range with a 30-minute charge. Instead, you might get 10 miles of juice in that time.

Still, if you're already a Tesla owner, or a potential owner, just having this vast ChargePoint network available to you can be crucial to your peace of mind.

Motley Fool analyst Rex Moore was able to speak with ChargePoint President and CEO Pat Romano at the Consumer Electronics Show in Las Vegas. In this video segment, Romano demonstrates the standard connector design that fits all electric vehicles except Tesla's, and how Tesla owners can use a simple adapter for a charge.

A full transcript follows the video.

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Pat Romano: Tesla ships every Model S with an adapter. This uses a standard that literally every car uses. If you look under this charging point here on this i3, this connector here is on literally every electric vehicle out there.

Rex Moore: The Tesla?

Romano: Except for Tesla -- Tesla, they have an adapter that will adapt their proprietary connector to something that looks like this, so you can plug this in. But every other car out there uses that.

There's no loss of functionality. There's no difference between what happens when you're plugged in with that adapter to that Model S or whether you're plugged into this car. You're not losing functionality by using that adapter, so really it is pretty seamless.

This will charge any car that's on the market. 

Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

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The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

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KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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