News
Tesla Superchargers to double in Wawa outlets by the end of 2020
A recent report has emerged stating that US-based convenience store chain Wawa is looking to double the number of Tesla Superchargers in its outlets by the end of 2020. The update comes amidst Wawa’s ongoing initiatives to support Tesla’s proprietary charging network, which are already deployed in a number of stores across the United States today.
In a statement to The Philadelphia Inquirer, Wawa spokesperson Lori Bruce noted that the convenience store chain currently has 16 stores with Tesla Superchargers. A new store in Maple Shade, just off 295 and the New Jersey Turnpike, is expected to have eight Tesla Superchargers once it opens this December.
Wawa’s adoption and the chain’s support of Tesla’s Supercharger network began in August 2017. The convenience store chain has mostly supported the installation of Tesla’s proprietary Superchargers, which are not compatible with other EVs such as the Nissan Leaf, save for one outlet located outside the Philadelphia region, which is equipped with an Electrify America charger.
Addressing the Inquirer, the Wawa spokesperson added that the company’s ramp of Supercharger installations comes amidst requests from Tesla owners. This could bode well for Wawa, especially since the demand for Tesla’s electric cars appears to be increasing. Propelled by the more affordable Model 3, which starts below $40,000, Teslas continue to be more prolific in the United States. In the second quarter alone, Tesla delivered over 95,000 vehicles worldwide, setting new records for the company.
Particularly interesting is the type of Superchargers that will be installed in Wawa’s outlets. Tesla has introduced its next-generation Superchargers, which have a maximum power output of 250 kW or 1,000 miles per hour. With the V3 network, a Long Range Model 3 at peak efficiency could recharge up to 75 miles in 5 minutes. Tesla has started launching the Supercharger V3 network in key areas, including the Las Vegas Strip, which debuted a 39-charger (comprised of 24 V3 stalls and 15 additional level-two Tesla Wall Connectors) last month.
Tesla intends to roll out its Supercharger V3 network aggressively in the near future, which would likely result in some Wawa outlets being installed with V3 chargers. This could ultimately bode well for the convenience store chain, as Tesla owners would most likely prefer to stop by the V3-equipped outlets during long trips.
It should be noted that Wawa is not the only business that is embracing the electric car transition. Apart from the convenience store chain, Royal Farms, a Wawa competitor, also has EV charging stations installed in some of its outlets. Nevertheless, Wawa’s plans to expand its Supercharger support has been received warmly by the Tesla community. Longtime Tesla owner Vivianna Van Deerlin, for one, has noted that the EV charging stations will blend very well with Wawa’s business.
“Superchargers offer a great utility when you’re traveling away from home. When you do stop, it takes about 10 or 15 minutes to charge. So it’s great to have a location that offers food, a bathroom, coffee, and even windshield cleaner fluid. Wawa is ideal,” she said.
Elon Musk
SpaceX considering confidential IPO filing this March: report
The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion.
SpaceX is reportedly preparing to confidentially file for an initial public offering (IPO) as soon as March. The filing could pave the way for a June listing at a valuation that may exceed $1.75 trillion, potentially making it the largest IPO in history.
The update was initially reported by Bloomberg News, which cited information shared by people reportedly familiar with the matter.
As per the publication, a confidential filing allows a company to receive regulatory feedback before publicly releasing its financials. Bloomberg’s source, however, noted that the timing of SpaceX’s IPO is still under discussion and plans could change.
SpaceX did not immediately respond to requests for comment.
A March submission would mark the clearest step yet toward bringing Elon Musk’s private space company into public markets. People familiar with the preparations said the offering could raise as much as $50 billion. That would surpass the $29 billion debut of Saudi Aramco in 2019, currently the largest IPO on record.
Major banks including Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Bank of America Corp. are reportedly positioned for senior roles in the transaction. SpaceX is also said to be considering a dual-class structure that would allow insiders, including Musk, to retain enhanced voting control.
Satellite communications provider EchoStar Corp., which holds a stake in SpaceX, reportedly saw its shares rise following news of the potential filing.
At a valuation exceeding $1.75 trillion, SpaceX would immediately have a larger market cap than all but five of the companies traded in the S&P 500 index. That figure would place it ahead of Meta Platforms Inc. and Tesla Inc. by market capitalization, trailing only a small group of mega-cap firms such as Apple Inc. and Microsoft Corp.
The scale of the proposed valuation reflects SpaceX’s dominance in orbital launch services and its Starlink satellite network, which serves millions of users globally. The company has also outlined long-term expansion plans tied to higher Starship launch cadence, orbital infrastructure, and lunar development initiatives.
Elon Musk
Elon Musk hints Tesla investors will be rewarded heavily
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.
Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.
Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.
Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.
Musk said in the interview:
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”
Elon Musk in new interview: “Hold on to your $TSLA stock. It’s going to be worth a lot, I think. That’s my bet.” pic.twitter.com/cucirBuhq0
— Sawyer Merritt (@SawyerMerritt) February 26, 2026
It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.
However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.
- Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
- Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
- Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
- Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release
These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.
Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.
She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.
Cybertruck
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
🚨 Tesla has updated the $59,990 Cybertruck Dual Motor AWD’s estimated delivery date to April 2027.
First deliveries are still slated for June, but if you order it now, you’ll be waiting over a year.
Demand appears to be off the charts for the new Cybertruck and consumers are… pic.twitter.com/raDCCeC0zP
— TESLARATI (@Teslarati) February 26, 2026
Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.
The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.
Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.
That points more toward demand and not necessarily to slower production plans, but it is not confirmed.
Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says
Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.
It features:
- Dual Motor AWD w/ est. 325 mi of range
- Powered tonneau cover
- Bed outlets (2x 120V + 1x 240V) & Powershare capability
- Coil springs w/ adaptive damping
- Heated first-row seats w/ textile material that is easy to clean
- Steer-by-wire & Four Wheel Steering
- 6’ x 4’ composite bed
- Towing capacity of up to 7,500 lbs
- Powered frunk
Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.
SpaceX considering confidential IPO filing this March: report
Elon Musk hints Tesla investors will be rewarded heavily
