Elon Musk- Tesla will spend 'well over' $500 million on Superchargers

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Tesla Inc., led by Elon Musk, recently revealed a substantial investment of over $500 million to expand its Supercharger network. This announcement comes shortly after the company laid off almost the entire team responsible for this network, roughly 500 employees, causing industry and customer uncertainty about Tesla's commitment to expanding electric vehicle (EV) infrastructure.