Mercedes Benz

Porsche won't follow Tesla's lead. Porsche says it won’t offer electric vehicle owners access to a free charging network. Instead, the German maker of fine sports cars says it expects its new fast charge network to generate a profit. From day one of Stuttgart's involvement in the electric vehicle space, it will charge for electricity at a similar price to what it costs drivers to refuel their cars with gas.It'sa move that puts them squarely at odds with Tesla, which used free access to a national network of Superchargers as a springboard for popularity up until recently. Following Porsche’s annual press conference in Stuttgart, Germany, Lutz Meschke, deputy chairman of the executive board was asked by GearBrain if Porsche's electric car chargers will be operated as profit centers. Yes, we want to earn money with the new products and services. Of course. Yes." He then contrasted the business model withTesla’s. "You can not run things lik...