- Barrons.com
Tesla to Spend More Than $500 Million to Expand Supercharger Network, Musk Says. The Stock Rises.
CEO Elon Musk says the electric-vehicle company will be spending “well over” $500 million to expand its Supercharger network.
- Reuters
Analysis-Tesla's EV charging team layoffs threaten to slow Biden's program to electrify highways
Elon Musk's decision to gut Tesla's electric-vehicle charging team is scrambling plans for rolling out new fast-charging stations and may delay President Joe Biden's efforts to electrify U.S. highways. Last year, the Biden administration announced rules for an ambitious plan to expand the country's charging infrastructure and jump-start EV adoption. Under the National Electric Vehicle Infrastructure (NEVI) program, the government is doling out $5 billion to states over five years to build 500,000 EV chargers.
- Barrons.com
Tesla, BYD, NIO in Crossfire as Report Says Biden Will Unveil Tariffs on China EVs
President Joe Biden wants to target strategic sectors, while Donald Trump favors across-the-board taxes on imports.
