tesla
Newsletter
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Electric car charging stations fall behind growing demand
The rapid increase in electric vehicle sales in the U.S. is far outpacing the growth of public charging infrastructure, posing a challenge to widespread EV adoption.
In short:
- The U.S. now has over 20 electric cars for every public charger, up from 7 per charger in 2016.
- Tesla's Supercharger network, a key part of the EV infrastructure, recently faced a setback with the firing of its entire team.
- Despite most EV owners charging at home, public chargers are crucial for long trips and for those without home charging options.
Key quote:
"You often hear about the chicken and the egg question between chargers and electric vehicles. But overall the U.S. needs more public charging."
— Corey Cantor, senior associate for electric vehicles, BloombergNEF
Why this matters:
For those committed to reducing their carbon footprint, this issue creates a frustrating paradox: they want to support sustainable technology, but logistical hurdles make it difficult. The current infrastructure development is simply not fast enough to meet the burgeoning demand.
Related: Tesla scales back on building electric vehicle charging stations
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Newsletter
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Tesla's turbulent shift: Can Musk power through the transition?
A recent analysis indicates Tesla, renowned for its electric vehicles, may be shifting focus from car manufacturing to becoming a key player in energy storage and electricity supply.
In short:
- Chinese competitor BYD surpassed Tesla as the biggest global seller of EVs. Other competitors like Ford, Hyundai and Rivian are also catching up in the U.S. market.
- As Tesla's EV's lose a share of the market, the company is diversifying from its EV roots to focus more on energy solutions like battery storage and electric grids.
- Despite current challenges in its car business, Tesla's energy sector profits surged by 140% from last year.
- With products like Megapacks and Powerwalls, the company aims to dominate the clean energy market.
Why this matters:
Tesla's strategic pivot could make it a central figure in the transition to renewable energy, impacting how electricity is delivered and stored. Their technological advancements in energy solutions might set the stage for broader adoption of clean energy.
What is the role of electric vehicles in the push for environmental justice?
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Credit: Charlie Deets/Unsplash
Tesla experiences significant layoffs amid slowing EV sales
Tesla's workforce faces a more than 10% reduction as the company navigates a dip in electric vehicle demand and stiffening market competition.
In short:
- Tesla announces job cuts for more than 10% of its workforce due to reduced demand for its electric vehicles and increased competition.
- The company has also seen high-profile departures including Andrew Baglino, key in vehicle development, and Rohan Patel, former climate advisor.
- There is a global slowdown in EV market growth, with Tesla facing strong competition from cheaper models and new entries from traditional automakers.
Key quote:
"I don’t want to make this sound too cynical, but it’s an indication that Tesla is a car company."
— Mike Ramsey, auto analyst at Gartner
Why this matters:
These layoffs could lead to a short-term reduction in EV production, affecting availability and potentially slowing down the overall adoption rates of electric vehicles. On the other hand, it might also lead to cost restructuring, resulting in more competitively priced models that could stimulate market demand.
What is the role of electric vehicles in the push for environmental justice?
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US faces ‘adapter hell’ on way to a Tesla charging future
The emergence of Tesla’s Supercharger technology as a national model could influence EVs’ growth and how Americans experience e-fueling.
Photo by Charlie Deets on Unsplash
The 5 best EVs on the market right now, plus a cheaper one you’ll have to wait for
While Tesla leads in sales, Kia, Hyundai and Genesis stand out for quality, according to a leading tester.
Photo by Tesla Fans Schweiz on Unsplash
How Elon Musk could win the UAW strike
Tesla’s continued dominance on electric cars would undermine Biden’s hopes of basing the next generation of cars and trucks on unionized labor.
Lawsuit accuses Tesla of exaggerating driving range to boost EV sales
A group of Tesla owners accused the automaker of inflating in advertisements the distance the vehicles can travel on a single charge.
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