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The Elon Musk-led automaker no longer plans to take the lead in expanding the number of seats to mandate electric vehicles. It’s unclear to what extent other corporations will temporarily fill the void.
By Jack Ewing and Ivan Penn
Elon Musk, Tesla’s chief executive, took his competitors, suppliers and employees by surprise this week by reversing course on his competitive crusade to build electric vehicle chargers in the United States, one of the Biden administration’s most sensible priorities.
Musk’s resolution to fire the 500-member team guilty of installing the charging stations and, in particular, slowing investment in new chargers has unnerved the industry and raised questions about whether the number of public charging stations would grow fast enough to keep pace with battery car sales. This has placed the onus on other charging companies, raising the question of whether they can build fast enough to cope with a shortage that discourages other people from buying EVs.
As the owner of the largest charging network in the United States, Tesla has a strong impact on people’s opinion of electric cars.
“There’s a mental component,” said Robert Zabors, a senior partner at Roland Berger, a consulting firm. “Availability and reliability are critical to the adoption of the entire EV system. “
Tesla’s replacement in leadership, just days after it told shareholders in a stock filing that it would “rapidly” expand its charging network, which it calls Supercharger, is likely to delay the structure of fast-charging stations, concentrated along the coasts and in parts of Texas.
Wildflower, a New York real estate developer, is about to sign a lease with Tesla to build a charging station near the intersection of Interstates 278 and 495 in Queens. Then Adam Gordon, the company’s managing partner, received a text message from the Tesla executive. him running with.
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