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Tesla begins Supercharger CCS upgrade ahead of Model 3 rollout in Europe
It is still a couple of months before Model 3 deliveries in Europe are expected to begin, but Tesla is already starting the rollout of dual-charge CCS Superchargers in the region. The company confirmed last month that the Model 3 will be getting a CCS plug for Europe, while a CCS adapter will be introduced for the Model S and X. During its announcement for the Model 3’s charging standard for the region, Tesla noted that it would be “retrofitting our existing Superchargers with dual charge cables to enable Model 3, which will come with a CCS Combo 2 charge port, to use the Tesla Supercharger network.”
Tesla’s adoption of CCS (Combined Charging System) is a notable step for the electric car maker. CCS, after all, is prevalent in the region, being preferred by several European carmakers including BMW, Volkswagen and the Daimler group. The system combines the Type 2 design, which is used for slower AC charging at home or work, as well as with two large DC pins for rapid charging. CCS competes with the CHAdeMO rapid charging standard, which is being used by companies such as Nissan, Mitsubishi and Subaru.
Tesla owner-enthusiast Hans Noordsij visited the site of Tesla’s first dual charge Supercharger station, where he was able to take photos and meet Tesla staff who were working on the updated charging stall. Several details of the upgraded Supercharger were evident from Hans’ images, including a sign indicating that the new stations are “Model 3 Priority.”
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- One of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
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- A close-up of Tesla’s CCS plug for the Model 3. (Photo: Hans Noordsij)
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- One of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
One of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
Speaking to Teslarati after his trip to the Supercharger, Hans noted that Tesla was testing the connection of a Model 3 to the dual charge station when he arrived. Tesla’s staff reportedly informed him that they were aiming to add CCS connectors to every Supercharger in the Netherlands sometime in January.
We reached out to Tesla for more information about its first dual charge CCS Supercharger in Europe. The electric car maker noted that the first upgraded stations are located at the Badhoevedorp Supercharger near the Corendon Village Hotel, just outside Amsterdam. The site currently has 20 Superchargers, and Tesla is installing 8 more stalls on the site, each of which is fitted with both a CCS and a Type 2 connector. When completed, 8 out of the 28 stalls in the location would be compatible with the Model 3, S, and X, while the remaining 20 would be compatible with the flagship sedan and SUV.
Tesla plans to fully retrofit Europe’s Supercharger Network with its dual charge CCS system, allowing the Model 3 to have access to Tesla’s expansive charging infrastructure. While Tesla is in the process of retrofitting its Superchargers with CCS plugs, though, Model 3 owners in the region could expect their vehicles to smartly suggest charging stations that are fitted with the necessary connectors. The location, as well as the availability of these CCS stalls, would be displayed on the Model 3’s display.
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- A Tesla Model 3 gets connected to one of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
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- One of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
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- A Tesla Model 3 gets connected to one of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
A Tesla Model 3 gets connected to one of Tesla’s first dual-charge, CCS-compatible Superchargers in Europe. (Photo: Hans Noordsij)
Europe is a pivotal part of Tesla’s strategy for the Model 3, considering that the premium sedan segment is twice as big in the region as it is in the United States. The Model 3 is already performing well in the US, despite the country being enamored by SUVs and pickup trucks. In a market where sedans are prevalent such Europe, the Model 3’s potential is vast.
Considering that Tesla is now rolling out CCS plugs on its European Supercharger Network, the idea of Tesla sharing its charging infrastructure with other electric cars emerges once more. Tesla’s head of global charging infrastructure, Drew Bennett, addressed this in an interview with Auto Express UK, where he noted that several EV makers have already reached out to Tesla about sharing the Supercharger Network.
“We’re definitely open to talking to other car manufacturers who want to have access to the network. Capacity is a driver for our investment; it’s new routes, new markets and then capacity. A lot of car makers have spoken to us about it, but we haven’t had any conclusive discussions on it. They’re still trying to figure out what they would need in a network, but we’re a couple of years ahead of them in terms of embracing the investment required to transition to EVs,” Bennett said.
Elon Musk
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
The estimates were shared by the official Polymarket Money account on social media platform X.
Recent projections have outlined how a potential $1.75 trillion SpaceX IPO could generate historic returns for early investors. The projections suggest the offering would not only become the largest IPO in history but could also result in unprecedented windfalls for some of the company’s key investors.
The estimates were shared by the official Polymarket Money account on social media platform X.
As noted in a Polymarket Money analysis, Elon Musk invested $100 million into SpaceX in 2002 and currently owns approximately 42% of the company. At a $1.75 trillion valuation following SpaceX’s potential $1.75 trillion IPO, that stake would be worth roughly $735 billion.
Such a figure would dramatically expand Musk’s net worth. When combined with his holdings in Tesla Inc. and other ventures, a public debut at that level could position him as the world’s first trillionaire, depending on market conditions at the time of listing.
The Bloomberg Billionaires Index currently lists Elon Musk with a net worth of $666 billion, though a notable portion of this is tied to his TSLA stock. Tesla currently holds a market cap of $1.51 trillion, and Elon Musk’s currently holds about 13% to 15% of the company’s outstanding common stock.
Founders Fund, co-founded by Peter Thiel, invested $20 million in SpaceX in 2008. Polymarket Money estimates the firm owns between 1.5% and 3% of the private space company. At a $1.75 trillion valuation, that range would translate to approximately $26.25 billion to $52.5 billion in value.
That return would represent one of the most significant venture capital outcomes in modern Silicon Valley history, with a growth of 131,150% to 262,400%.
Alphabet Inc., Google’s parent company, invested $900 million into SpaceX in 2015 and is estimated to hold between 6% and 7% of the private space firm. At the projected IPO valuation, that stake could be worth between $105 billion and $122.5 billion. That’s a growth of 11,566% to 14,455%.
Other major backers highlighted in the post include Fidelity Investments, Baillie Gifford, Valor Equity Partners, Bank of America, and Andreessen Horowitz, each potentially sitting on multibillion-dollar gains.
News
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
Tesla has started its first Full Self-Driving (Supervised) road trials in Abu Dhabi under the oversight of the Integrated Transport Centre, also known as Abu Dhabi Mobility.
The program marks the emirate’s first formal testing framework for Tesla’s supervised autonomous driving technology.
FSD (Supervised) road trials are being conducted with the support of the Smart and Autonomous Systems Council and in coordination with the Legislation Lab at the General Secretariat of the UAE Cabinet.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre (Abu Dhabi Mobility), highlighted the agency’s regulatory role in overseeing the FSD (Supervised) tests in a press release.
“The supervision of the Integrated Transport Centre (Abu Dhabi Mobility) over the commencement of Tesla’s advanced autonomous driving technology tests reflects its regulatory and legislative role. These tests represent a qualitative step to evaluate the technology’s performance in a real-world operating environment and to collect the necessary data to verify its readiness before any future expansion in usage.
“Through this organized framework, and in cooperation with strategic partners, we seek to achieve a balance between supporting innovation and encouraging the adoption of smart solutions on one hand and ensuring the safety of road users on the other, in line with the emirate’s direction to develop an advanced, safe, and sustainable transport system,” he said.
Tesla is putting a lot of effort into expanding the rollout of FSD (Supervised) to territories outside in the United States. During a recent interview with Giga Berlin plant manager Andre Thierig, Musk stated that Tesla is looking to secure approval for FSD (Supervised) in the Netherlands this coming March.
“Tesla has the most advanced real-world AI, and hopefully, it will be approved soon in Europe. We’re told by the authorities that March 20th, it’ll be approved in the Netherlands,’ what I was told. Hopefully, that date remains the same. But I think people in Europe are going to be pretty blown away by how good the Tesla car AI is in being able to drive,” Musk stated.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
SpaceX IPO could push Elon Musk’s net worth past $1 trillion: Polymarket
Tesla expands global FSD (Supervised) testing with Abu Dhabi trials
