Tesla's Charging Network Just Keeps Getting Bigger

The growing Tesla (NASDAQ: TSLA  ) Supercharger network is solving the problem for Tesla owners making the long haul between cities. But what about the "around the town" charging problem?

That's where ChargePoint steps in. The California-based company has a 70% share of all networked public charging stations.

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 -- a Model S owner himself -- explains why Tesla's charging network is complementary and not a competitor.

A full transcript follows the video.

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Pat Romano: Tesla's a great company -- and I happen to drive a Model S -- I love the car and I think it's a great vehicle.

Tesla's solving, with the Supercharger network, what is known as the "long-haul" charging problem, not the "around town" charging problem, so most Tesla drivers carry a ChargePoint card.

Rex Moore: So it's compatible?

Romano: Yes, it's totally compatible.

When they're at work, or whether they're around town shopping, they're most likely using a charger like this, not a Supercharger, to charge their car because the Supercharger is built to give you a lot of energy in a short period of time, so you can go from, say, L.A. to Las Vegas, where we are -- to be able to make those long-haul journeys.

They're not designed for you to top off your battery while you're working or you're eating or you're going to the movies, or what have you. We're very, very symbiotic with what Tesla's doing.

Read/Post Comments (5) | Recommend This Article (3)

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  • Report this Comment On May 16, 2014, at 9:46 AM, pondee619 wrote:

    With a fresh 200+ mile range at the beginning of each day, why would you need a charger for "around town" travel? You would be charging your vehicle up each night, right?

  • Report this Comment On May 16, 2014, at 10:38 AM, txfilmguy wrote:

    I see around-town charging beneficial especially for out-of-town Model S owners. For example, I live in Dallas, and the Waco Supercharging Station gets me to Austin, but around-town charging stations keep me juiced up to spend a few days there without counting miles before I have to head back to Dallas.

  • Report this Comment On May 16, 2014, at 11:29 AM, djplong wrote:

    This could be the beginning of a solution for those urban buyers who might not have a garage or other dedicated space to charge up every night.

  • Report this Comment On May 16, 2014, at 12:08 PM, ckgod wrote:

    You'd be blind to not see this coming. EV and charger will grow orders in magnitudes in the next decade. We just don't know which point it will eventually reach yet but I'm putting my bet on ICE will eventually disappear on this planet.

  • Report this Comment On May 16, 2014, at 3:35 PM, ChrisInRaleigh wrote:

    What "around the town" charging problem?

    With the range of a Tesla, one only needs to charge at home at night.

    ...unless travelling out of town, in which case one would want to charge at a hotel at night.

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Rex Moore

Rex Moore spent his formative years in Texas, and fought beside Davy Crockett at the Alamo. He currently travels the globe for TMF, bringing back video reports on conferences and companies that matter for investors.

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