Tesla Motors (NASDAQ: TSLA) recently decided to end its Supercharger program that offered free charging to all Tesla vehicle owners. These stations allow Tesla vehicle owners to recharge the battery that powers their vehicles for free in an hour. As a result, the company began building out super charger stations that offered free charging to vehicle owners. According to the company, Tesla owners’ long distance travel needs could be covered with 400 kWh worth of free charging capability. Additionally, the scale up of the Tesla autonomous driving capabilities and the roll out of a ride sharing program using existing Tesla fleets will put strain on the company’s balance sheet.

Source: Forbes February 06, 2017 19:14 UTC