Tesla Supercharger Closures in New Jersey Contrast with Share Price Resilience

Tesla shares edged higher in Monday trading despite news that 64 Supercharger stalls on the New Jersey Turnpike will be decommissioned. The closures follow NJTA's contract award to Applegreen, an existing service provider for roadside amenities. This reduction in charging infrastructure directly contradicts New Jersey's clean energy objectives.

Market reaction appears divorced from operational realities—investors shrugged off the infrastructure setback as TSLA gained 0.3% intraday. The disconnect highlights how Tesla's valuation increasingly reflects its AI and energy storage ambitions rather than pure EV fundamentals.

"NJTA's decision to remove critical charging infrastructure is a setback for EV adoption," Tesla stated. The closures will disproportionately impact long-distance travelers along the crucial Northeast corridor, potentially slowing regional EV uptake.