Tesla's innovative approach to the electric vehicle industry has, in many ways, been a veritable masterstroke, and the company's recent move to cut prices will arguably generate more sales and translate into more profits for Tesla from charging stations.
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As I have recorded earlier today, Tesla is currently experiencing “unprecedented demand” in the US following the significant price cuts that happened last week. Many stores are reportedly hitting new records and inventories are dwindling.
More Teslas on the road means more revenue from Tesla's superchargers. Tesla's recent move to install charging stations all around the world is a testament to that. The goal is to make it easier for people to own and drive a Tesla, and so far it appears to be working. But Tesla isn't stopping there. A new idea is on the horizon that could revolutionize electric vehicles, and bring Tesla massive profits.
That idea is to bundle Tesla's charging stations with Solar Panels, allowing drivers to charge their vehicles for free using the energy from the Sun. This could be a game changer for the electric vehicle industry, giving Tesla a huge competitive advantage. For starters, bundling the charging station with the solar panel package would provide a much easier and more cost effective way for people to get the power they need for their Tesla. I will not be surprised if the Tesla Model 3 and Model Y vehicles soon use some type of solar panels to use sun's energy.
Furthermore, Tesla's solar panel package could be an incredibly attractive incentive for people to buy a Tesla in the first place, in addition to recent price cuts. Not only is it a great value-add, but it also adds a feeling of sustainability to Tesla's mission of driving more electric vehicles on the roads. By the way, Tesla already has solar powered super charger stations.
Tesla would benefit from this new package in a number of ways. First, it would encourage more people to buy Tesla EVs, as they would be able to charge them for free. This would obviously lead to more sales of Tesla vehicles, and more profits for the company. Additionally, it could also open up more opportunities for Tesla to cross-sell other products, such as solar panel systems that could be used to power homes as well. This could be a potential goldmine for the company, as it could lead to a steady stream of recurring income.
The idea of Tesla bundling charging stations with solar panel packages is a brilliant one, and it could be the key to the company's future success. In fact, SolarBotanic is already building solar panels for EV charging stations, which is a good news for Tesla. Not only would it make it easier for people to drive electric vehicles, but it could also lead to a massive increase in profits for Tesla. The Sun is certainly shining on Tesla, and it looks like the sky is the limit.
Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.
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