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Tesla partners with grocery chain on Midwest Supercharger expansion

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Supercharger locations in the Midwestern United States are about to increase, thanks to a partnership between Tesla and the Hy-Vee grocery store chain. “The time it takes for an average shopper to get through a grocery store to get groceries is about the same time it takes to get a full charge on a decent fast charger like this,” said John Brehm, Hy-Vee director of site planning on November 15 who on hand for the introduction of three Superchargers at the West Lakes Hy-Vee in West Des Moines. “So it’s a marriage made in heaven.”

The partnership will add critically needed Supercharger locations along the heavily traveled Interstate 80 transportation corridor. Since July, eight Tesla supercharger stations have been installed at Hy-Vee stores in Coralville, West Lakes, and Davenport as well as in Peru, Illinois and Oakdale, Minnesota. Work on Superchargers at the Hy-Vee store in Lincoln, Nebraska will begin next year. Six more Midwestern installations at Hy-Vee stores are under discussion.

“[A Supercharger] is robust enough and powerful enough that people can confidently and conveniently travel hundreds and thousands of miles without any sort of compromise in terms of staying overnight or staying over the course of several hours,” said Will Nicholas, Tesla communications manager. He adds that the communities chosen are the perfect locations for new Supercharger locations. “We’re happy to be working with Hy-Vee to kind of connect the Midwest, from Chicago to Denver,” he said according to The Gazette.

Tesla has partnered with several other chains and  businesses in the U.S. to make its Superchargers more accessible to the public. Ruby Tuesday restaurant chain is adding Superchargers at many of its locations, beginning with its restaurant in Miner, Missouri. The chargers there are an important link in the Supercharger network for people driving between St. Louis and Nashville.

In the mid-Atlantic area of the country, Tesla is in talks with Sheetz, a chain of several hundred gas stations, about adding Supercharger equipment at many of its stores. Merchants recognize that Tesla has rapidly created a highly desirable brand. In short, Tesla drivers are good for business.

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The federal government estimates that U.S. drivers will consume 20% less gasoline than today by 2035 as the proportion of electric cars on the road increases. John Eichberger, executive director of the Fuels Institute, founded by the National Association of Convenience Stores, says, “Those kiosks that just sell gallons and smokes are going to have to change. They’re going to lose gallons. Plain and simple, no way around it.”

Gas stations of the future will be completely different from the fast paced “get ’em in, get ’em out” stores of today, Eichenberger believes. They will be more like restaurants or highway rest stops than convenience stores.

Tesla works hard at positioning its Supercharger stations in places where drivers have access to food and rest rooms. It is also sensitive to providing clean, well-lit locations where people traveling alone will feel safe, even at night. Touring by Tesla is more like the European “slow food” experience than the fast paced gas-n-go experience most drivers of conventional cars put up with.

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Elon Musk

Tesla (TSLA) shareholders officially approve Elon Musk’s 2025 performance award

To earn his landmark pay package, Musk would be required to lift Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade.

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Justin Pacheco, Public domain, via Wikimedia Commons

Tesla (NASDAQ:TSLA) CEO Elon Musk has officially approved his 2025 Performance Award, a landmark pay package that could make him the world’s first trillionaire and make Tesla the most valuable company in the world by a mile. 

The 2025 CEO Performance Award was officially approved by Tesla shareholders at the 2025 Annual Shareholder Meeting.

Elon Musk‘s landmark pay package

As per Tesla, more than 75% of the shareholders approved Elon Musk’s 2025 CEO Performance Award. It was then unsurprising that the approval of Elon Musk’s pay plan received overwhelming applause from the event’s attendees.

The CEO took to the stage with much enthusiasm, welcoming every shareholder to the event and dancing briefly on stage. Optimus also danced on stage smoothly, demonstrating its improved movements to much appause.

Elon Musk’s 10-year targets

To earn his 2025 CEO Performance Award, Musk would be required to grow Tesla’s market capitalization from about $1.1 trillion today to $8.5 trillion over the next decade. At that level, Tesla would surpass every major public company in existence. The compensation plan also requires Tesla’s operating profit to grow from $17 billion last year to $400 billion annually. 

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Apart from leading Tesla to become the world’s biggest company in history, Musk is also required to hit several product targets for the electric vehicle maker. These include the delivery of 20 million Tesla vehicles cumulatively, 10 million active FSD subscriptions, 1 million Tesla bots delivered, and 1 million Robotaxis in operation.

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Tesla 2025 Annual Shareholder Meeting: How to watch

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Credit: @YunTaTsai1 | X

The 2025 Tesla Annual Shareholder Meeting from Gigafactory Texas is set to kick off at 4 p.m. EDT, 3 p.m. CDT.

The company will be having its typical presentation for the event, where CEO Elon Musk, along with other executives will discuss things like future products, the outlook of its self-driving development, potential releases for next year, and some current events within the company.

However, this year’s Shareholder Meeting has slightly more implications than others, as Investors and Shareholders have spent the last several months petitioning and supporting one of the proposals on the docket that could be the deciding factor in Musk staying or leaving Tesla.

Elon Musk’s new pay plan ties trillionaire status to Tesla’s $8.5 trillion valuation

Proposal four outlines a new compensation package for Musk that could give him $1 trillion in shares if he is able to complete a variety of lofty goals related to production, self-driving, and other important company projects.

Musk has said that he is truly after more influence on company decisions, especially as the Tesla Optimus program is ramping up and becoming a more relevant part of the company’s story.

The CEO said during the Q3 Earnings Call that he would not feel comfortable developing an “army of robots” if he did not have a comfortable amount of influence in some of the decisions. He could be voted our or out-influenced by what he calls “activist shareholders.”

One of those investors came after his past pay package, which was approved by shareholders not once, but twice. Musk still was not able to obtain the pay because of a Delaware Chancery Court ruling.

Nevertheless, this is one of the last ditch efforts Tesla is making to get Musk the compensation that he wants.

The meeting is set to kick off at 3 p.m. local time in Austin. You can watch it via the livestream on X:

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Tesla Cybercab sightings on public roads are becoming more frequent

After it was unveiled a year ago by Tesla, the company has made some pretty drastic jumps in progress in terms of the Cybercab, but a recent development has truly pushed fans of the company to think it is probably going to be available soon.

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Credit: Petersen Museum

Tesla Cybercab sightings on public roads are becoming much more frequent, and they all are pointing to one thing: imminent production.

The Tesla Cybercab is the company’s vehicle developed for fully autonomous travel, as it will be manufactured without a steering wheel or pedals, according to CEO Elon Musk.

Tesla Robotaxi Cybercab: Seats, price, special features, release date, and more

After it was unveiled a year ago by Tesla, the company has made some pretty drastic jumps in progress in terms of the Cybercab, but a recent development has truly pushed fans of the company to think it is probably going to be available soon.

Last week, we reported on the first Cybercab sighting when the vehicle was finally being tested on public roads. The spotting was not a one-time deal, as we are now seeing many more sightings on public roads:

The first spotting was in Palo Alto, just a few blocks from Tesla’s Engineering Headquarters in Los Altos. This second sighting appears to be relatively close to that first spotting, and it seems unlikely Tesla would be putting it on roads much further than that.

The public on-road testing of the Cybercab marks a major milestone in the entire project for Tesla. These early sightings and testing phases are usually followed by a lot of speculation about when the vehicle could end up in the hands of customers.

However, Tesla has already put a definitive date on when Cybercab production will begin, as Elon Musk said during the Q3 Earnings Call that it would roll off production lines in Q2 of next year.

But the speculation regarding the Cybercab is slightly different than other vehicles because Tesla has been developing it for fully autonomous travel; it’s not meant to be driven by humans but instead by software and the company’s Full Self-Driving suite.

Despite the vehicle being spotted with a steering wheel and pedals in the recent sightings, Musk has maintained that the Cybercab will not be developed with typical controls for a human. He recently confirmed this, and it does not seem the company is willing to veer too much from its plans for an autonomous car.

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