Tesla Expands China Charging Network as Paid Supercharging Revenue Jumps 19%
Tesla's stock (TSLA) edged higher as its China Supercharger network surpassed 2,500 stations, reinforcing its position as a global EV charging leader. Paid Supercharging sessions drove a 19% revenue increase in the company's services segment, offsetting slowing vehicle sales.
The expansion comes alongside a major recruitment push for engineers and operations staff in China. Tesla now operates 12,000 charging stalls nationwide, building infrastructure for future growth in autonomous services and vehicle demand.
Investors responded positively to the infrastructure strategy, with shares gaining despite broader market headwinds. The company continues complying with local data regulations while maintaining the largest self-operated charging network in China.
