News
What will happen to Obama’s National EV Charging Corridor initiative?
As part of an eight year commitment to combat climate change, increase access to clean energy technologies, and reduce U.S. dependence on oil, the Obama administration unveiled a series of executive actions to establish 48 national electric vehicle (EV) charging corridors on U.S. highways. But will the proposed EV charging corridors, which were announced in early November, 2016, stand up to the formidable will of Donald Trump’s transitional head of the EPA, Myron Ebell?
Ebell is director of the Center for Energy and Environment at the conservative Competitive Enterprise Institute and is the lead voice of U.S. climate deniers. He chairs the Cooler Heads Coalition, which comprises over two dozen non-profit groups in this country and abroad that question global warming “alarmism” and oppose “energy rationing” policies. Ebell’s role on the Trump team has been interpreted by many, including Scientific American, National Geographic, and the New York Times, as a sign that the next administration will be looking to drastically reshape the climate policies that the EPA has pursued under the Obama administration.
Since President Obama took office, the number of plug-in EV models has increased from one to more than twenty, battery costs have decreased 70 percent, and the number of EV charging stations has grown from less than 500 in 2008 to more than 16,000 in 2016. Described as “creating a new way of thinking about transportation that will drive America forward,” the National Electric Vehicle Charging Corridors on U.S. Highways initiatives were intended to create 48 designated EV routes which would cover nearly 25,000 miles in 35 states.
The National Electric Vehicle Charging Corridors on U.S. Highways initiative is part of a larger Obama administration plan to lower EV purchase costs through increasing automotive manufacturers’ demand. By promoting EV innovation and adoption and expanding the national EV infrastructure, the Obama administration has fostered a climate in which more than $1 million and 1,211,650 gallons in potential annual fuel savings could be accrued. However, Trump has indicated that his administration will work to remove EPA environmental regulations as a way of allowing American business to thrive.
Trump consistently has been vocal in his skepticism of climate change science, which calls for the shift in U.S. fuel consumption to alternative sources like decentralized electricity.
While on the campaign trail, Trump had focused on lifting restrictions on oil and gas instead of looking to U.S. clean energy and an eventual reduction of reliance on fossil fuels. Trump stated that lifting fossil fuel restrictions would increase GDP by more than $127 billion, add about 500,000 jobs, and increase wages by $30 billion each year over over seven years. Those figures come from the Institute for Energy Research, a nonprofit that advocates for a free-market approach to energy and claims there is an “enormous volume of sensationalized, simplistic and often plain wrong information” on climate change.
“This is not academic research and would never see the light of day in an academic journal. The pioneering research … from years ago is rarely employed any more by economists,” said Thomas Kinnaman, chair of the Economics Department at Bucknell University, who reviewed the IER report. Kinnaman’s analysis was confirmed by Peter Maniloff, assistant professor of economics at the Colorado School of Mines, who said the IER study is based on a questionable assumption. “The IER report assumes that policy restrictions are the major factor holding back coal, oil, and gas production.” He went on to describe the rationale as more to do with straightforward economics,” he said. “Domestic oil drilling on available land has dropped by three-quarters since 2014 due to low prices.”
Another area in which the Obama administration sought to promote EV clean energy was the release of up to $4.5 billion in loan guarantees to support commercial-scale deployment of innovative EV charging facilities. In support, nearly 50 industry members signed onto a “Guiding Principles to Promote Electric Vehicles and Charging Infrastructure” agreement. Thirty-eight new businesses, non-profits, universities, and utilities committed to provide EV charging access for their workforces, with 24 state and local governments partnering with the Administration to increase the procurement of EVs in their fleets.
Investment in such a robust network of charging facilities contradicts energy policy promoted by Ebell, who has said that “a lot of third, fourth and fifth rate scientists have gotten a long ways” by embracing climate change. He frequently mocks climate leaders like Al Gore and has called the movement the “forces of darkness” because “they want to turn off the lights all over the world.”
Ebell has been a voice in the ear of Congress with his opposition to President Obama’s Clean Power Plan. This is a series of policy initiatives designed to lower emissions from fossil fuel generating plants, particularly those that still rely on coal to generate electricity. The United States Department of Transportation (DOT) would be the liaison among the administration, states, localities, and the private sector for the EV corridors. Already, 28 states, utilities, vehicle manufacturers, and change organizations have committed to accelerating the deployment of an EV charging infrastructure on the DOT’s corridors. The goal is that these initial corridors would serve as a basis for “coast to coast zero emission mobility on our nation’s highways.”
Obama caricature [Source: globalwarming.org]
Earlier, Ebell had written a blog post stating that the Obama administration’s Existing Source Performance Standards contained within the Clean Power Plan were “colossally costly” and “obviously illegal.” His post includes the mashup of President Obama.
To ascertain optimal national EV charging deployment scenarios, including along DOT’s designated fueling corridors, the United States Department of Energy (DOE) is in the midst of conducting two studies. Developed with national laboratories and with input from a range of stakeholder, the first is a national EV infrastructure analysis that identifies the optimal number of charging stations for different EV market penetration scenarios. The second will provide best practices for EV fast charging installation, including system specifications as well as siting, power availability, and capital and maintenance cost considerations.
The future of U.S. coast to coast zero emission mobility on our nation’s highways is in serious jeopardy with President Trump in the White House.
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Elon Musk says this part of Tesla ‘makes no sense’
