Tesla makes first-of-its-kind $100 million deal with oil giant BP: 'It was only a matter of time

11-22-2023 • MSN

The dirty fuel industry is starting to take notice of the increasing presence of electric vehicles in the automotive market, and one oil giant has taken steps to make the most of this popularity.

BP announced in a statement that it has signed an agreement with Tesla that will bring $100 million worth of Supercharger hardware to gas stations and third-party locations in the United States.

We're buzzing to announce an investment of $100m into @Tesla ultra-fast #EV chargers in the US.

We'll install and operate them across our bp pulse network – marking a first for the industry – and roll them out across key bp, @ThorntonsLLC, @TATravelCenters and @ampm sites.

This… pic.twitter.com/uJ4UTWkQCt
— bp (@bp_plc) October 26, 2023