North Carolina wants to spend $50,000 to trash public EV chargers. Car and Driver shared the news of a bill moving through the state’s legislature. The bill, House Bill 1049, would set aside $50,000 to get rid of the free public EV chargers unless free gas pumps are built alongside the free public EV chargers.
The author of the Car and Driver article, Ezra Dyer noted that this was happening in his state. His incoming state House representative, Ben Moss is sponsoring the bill. Dyer noted that there are three free public Level 2 EV chargers in his town and unless the towns and cities refuse to build free gas and diesel pumps next to the EV chargers, Moss wants them gone. Dyer wrote that the main theme of the bill is:
“We’ve simply got to do something about these free public chargers, even if it costs us $50,000! Those things cost tens of cents per hour when they’re being used.”
House Bill 1049 Targets Small Businesses That Offer Free Public EV Charging
Free public charging is an amazing part about owning an EV. You don’t see free gas anywhere! pic.twitter.com/7PefTLOS4p
— Zack (@BLKMDL3) December 11, 2020
It gets worse. House Bill 1049 will also target businesses that have free public EV chargers on their property. This will hurt small businesses. The bill will allow the owners of diesel and gas vehicles to pitch fits if any amount of money from whatever product they purchase go towards the cost of providing free EV charging to customers.
The bill states that all customer receipts will have to show what part of the bill went toward the charger in the lot.
My 2.5 Cents
Naturally, I have some thoughts about this. The bill itself isn’t about the state losing money by allowing EV owners to charge for free. To me, it seems that the bill is more about amplifying the myth that EV owners are getting free electricity while gas and diesel car owners have to suffer at the pump.
And yes, they are suffering, but laying the blame on EV owners isn’t right. That blame should be placed upon the oil and gas companies profiting off of the insane price gouging. Again, this isn’t about money. It’s about fossil fuels.
Why else spend $50,000 just to throw away EV chargers? If Moss really cared about gas car drivers not benefitting from free energy, fuel vouchers would be a better alternative. I am sure that $50,000 will help a lot of struggling families.
I think that money is being used to not only discard free public electric vehicle charging stations, but the drama that will ensue will generate more EV FUD (fear, uncertainty, and doubt.) It’s a waste of money and I hope that for North Carolina’s sake, the state doesn’t pass the senseless bill.
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Investor's Corner
Tesla bear gets blunt with beliefs over company valuation
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
News
Tesla is making a change to its exterior cameras with a potential upgrade
Tesla appears to be making a change to its exterior side repeater cameras, which are used for the company’s Full Self-Driving suite, and other features, like Sentry Mode.
The change appears to be a potential upgrade in preparation for the AI5 suite, which CEO Elon Musk said will be present on a handful of vehicles next year, but will not be widely implemented until 2027.
Currently, Tesla uses a Sony sensor lens with the model number IMX963, a 5-megapixel camera with better dynamic range and low-light performance over the past iteration in Hardware 3 vehicles. Cameras in HW3 cars were only 1.2 megapixels.
However, Tesla is looking to upgrade, it appears, as Tesla hacker greentheonly has spotted a new sensor model in its firmware code, with the model number IMX00N being explicitly mentioned:
Looks like Tesla is changing (upgrading?) cameras in (some?) new cars produced.
Where as HW4 to date used exterior cameras with IMX963, now they (might potentially) have something called IMX00N— green (@greentheonly) December 1, 2025
Sony has not announced any formal specifications for the IMX00N model, and although IMX963 has been used in AI4/HW4 vehicles, it only makes sense that Tesla would prepare to upgrade these external cameras once again in preparation for what it believes to be the second hardware iteration capable of fully autonomous self-driving.
Tesla has maintained that AI4/HW4 vehicles are capable of self-driving operation, but AI5 will likely help the company make significant strides, especially in terms of overall performance and data collection.
Tesla last updated its exterior cameras on its vehicles back in early 2023, as it transitioned to the 5-megapixel IMX963. It also added additional cameras to its vehicles in January with the new Model Y, which featured an additional lens on the front bumper to help with Full Self-Driving.
Tesla’s new self-driving computer (HW4): more cameras, radar, and more
