Hey everybody, Rob Maurer here, and today we've got some big and exciting news on charging

infrastructure.

We've also got updates on the Model X, CyberTruck, Project Highland, and a couple other

items as well.

Not a bad day for the stock, all things considered the NASDAQ down about 9.10% to settle down

just 2.10% of a percent, closing at $251.49.

Alright, so the big news for today, major hotel chain brand Hilton has announced that

they have partnered with Tesla to install up to 20,000 Tesla Universal Wall Connectors

at 2,000 hotels across North America.

Hilton notes that this will become the largest EV charging infrastructure for any hospitality

company.

So remember the Universal Wall Connector, this is a product that Tesla just released

a few weeks ago, this is the one that has sort of the magic dock type connector that

will have both NACS and AJ1772 adapter.

These retail for $595 a piece, so we're talking about $12 million worth of wall connectors

here though of course, Hilton may have a discount or an arrangement worked out with Tesla to

bear some of those costs as well.

Now you may have noticed that they did say up to 20,000, that's always a little bit of

a red flag, but they do say, later on in the announcement, that there will be at least

6 chargers at each of these selected 2,000 hotels.

So that's at least 12,000, I would expect that they do actually scale this all the way

up to that full 20,000 unit number.

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