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Tesla Motors Inc (TSLA) To Accelerate Expansion in U.K. Next Year

Tesla Motors Inc (NASDAQ:TSLA), the electric car manufacturer in the United States headed by billionaire entrepreneur Elon Musk is planning to accelerate its expansion in the United Kingdom by the end of next year, according to a report from the Financial Times.

Tesla Motors
Tesla Motors partners with Bollore
The report indicated that Tesla Motors Inc (NASDAQ:TSLA) is working with Bollore SA (EPA:BOL) (OTCMKTS:BOIVF), an industrial group in France, to build significant number of electric car infrastructures in the U.K. Tesla is aiming to built a complete network of its superchargers across the U.K. by the end of 2014.

Musk said, “We’re going to establish a supercharger network throughout the UK. So you’ll be able to travel anywhere in the UK, anywhere at all, using our supercharger network. I am hopeful, and we will certainly aspire to this, to have the whole of the UK done by the end of next year. So it’s quite rapid.”
Elson Musk to build supercharger facility in U.K.

According to Musk, Tesla Motors Inc (NASDAQ:TSLA) will build its first supercharger facility in the U.K. during the first quarter of 2014. The electric car manufacturer recognized that the primary factor preventing consumers from purchasing an electric car is the lack of charging facilities. Electric cars generally have a driving range of less than 150 miles.


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