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Tesla destination charging facility, also Pittsburgh EV landmark will be demolished

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Vast construction projects at Pittsburgh’s Carnegie Mellon University will soon engulf a site that became a landmark in the development of electric vehicles in western Pennsylvania. It was a pioneering facility and the largest charging site in the region for many years.

The Electric Garage’s chargers are being relocated immediately with demolition of the site to begin in July.

Pittsburgh Electric Garage

At its peak, the Electric Garage boasted eight J1772 Level 2 chargers offering 203V at 30 amps. In 2014, a Tesla HPWC with 40 amp charging was added. Charging and parking was free to the public for up to four hours a session– a welcome oasis in the otherwise congested and paid parking of Oakland. It was easily the largest charging site in western Pennsylvania for most of its life and was open 24 hours/7 days a week on a first-come, first-serve basis. Non-charging parking spots on the site were marked as permit only.

Chevy Volt charging at the Electric Garage

The original six Eaton chargers were installed in 2012, using funding provided from the Pennsylvania Department of Environmental Protection’s Office of Energy and Technology Deployment which had a special mandate from the Office of Acronym Abatement at the Bureau of Ridiculously Long and Expansive Government Agency Naming Commission Department.

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Originally built as an Exxon gas station, the Electric Garage was the invention of CMU robotics professor Illah Nourbakhsh.  The university bought the property in 2009 and Nourbakhsh transformed it soon after into the workshop for the ChargeCar program. ChargeCar worked to further and develop EV technology, converting several vehicles and working out designs for regenerative braking.   The industry’s pace of development soon overran much of ChargeCar’s work as more manufacturers brought EVs into mass production.

Undaunted, ChargeCar hosted numerous community outreach events to showcase the everyday feasibility of EVs to the general public. The site then morphed into a charging station and ChargeCar moved from primarily making gas-electric conversions to educating local mechanics in how to repair EVs.

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Notice of the Electric Garage’s potential demise first bubbled up in May 2014, just months after the Tesla HPWC was installed. For several years, Tesla would use the Electric Garage as their main charging facility for Pittsburgh Test Drive events. There was no official Tesla presence in the city and Superchargers were too far from downtown. The proximity of the Electric Garage to the test drive events’ hosting facilities and hotels (and its number of chargers) made it an ideal overnight parking area for a small fleet of Teslas, hungry after a day of being pummeled by curious Pittsburghers.

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Taking the place of the Electric Garage will be CMU’s new Tata Consultancy Services (TCS) Building. The 40,000 square foot structure is designed by Skidmore, Owings & Merrill and will be built by Mascaro Construction. CMU described the new mixed-use building as “a new home for the university stores, a dining facility on the ground floor, and academic or administrative office and shelled space. The stand-alone structure will house state-of-the-art facilities, providing collaborative spaces for the CMU community.” CMU expects to spend $22.5 million on the project, which should break ground late this year.

Demolition of the Electric Garage will take place in July. The university has indicated that the chargers will be relocated to other places on campus, though EV drivers will likely have limited access the parking garages that will house some of them. It is also unlikely that all of those will remain available to the general public.

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Current plans are as follows: 2 chargers move to the East Campus Garage, 2 chargers to the Dithridge Garage and the CIC Garage will have 5 stations.

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If any are publicly available, it would most likely be the 5 chargers at the CIC garage. The notice from CMU Parking & Transportation Services indicates that these 5 chargers “will be located on the outside prior to entering the garage.” Given the awkward placement of the garage in relation to the campus and nearby train tracks, that could be interpreted a number of different ways.  The approach roads to the garage are narrow, but there could be room for creative placement and there is a more hospitable lot close by. It also seems probable that the Tesla HPWC could be reappearing at this location.  CMU has not yet responded to requests for clarification.

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The passing of the Electric Garage “era” is lamentable, but CMU’s commitment to relocate the chargers is to be commended. Many businesses would have simply shoved them into a warehouse (or worse). It is an unfortunate development for EV drivers who have enjoyed both free parking and charging in Oakland, but with CMU’s inherent focus on technology there is hope for more charging stations in the future.

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For local Tesla owners, the chargers were more about convenience than necessity. Long distance travelers are similarly unaffected by the change for the most part (ever since the Somerset and Cranberry Superchargers went online). With the opening of Ross Park Mall’s Tesla store this summer– complete with outdoor HPWCs– and the expected opening of a Pittsburgh Service Center later this year, there is also no longer a need for test drive fleets to recharge overnight in Oakland.

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Elon Musk

ARK’s SpaceX IPO Guide makes a compelling case on why $1.75T may not be the ceiling

ARK Invest breaks down six reasons SpaceX’s $1.75 trillion IPO valuation may be justified.

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ARK Invest, which holds SpaceX as its largest Venture Fund position at 17% of net assets, has published a detailed investor guide to why a SpaceX IPO may be grounded in a $1.75 trillion target valuation.

The financial case starts with Starlink, SpaceX’s satellite internet constellation, which has surpassed 10 million active subscribers globally as of early 2026, with 2026 revenue projected to exceed $20 billion. ARK’s research puts the total satellite connectivity market opportunity at roughly $160 billion annually at scale, and Starlink is adding customers faster than any telecom network in history. That growth alone would justify a substantial valuation.

Additionally,  ARK notes that SpaceX has reduced the cost per kilogram to orbit from roughly $15,600 in 2008 to under $1,000 today through reusable Falcon 9 hardware. A fully operational Starship targeting sub-$100 per kilogram would represent a significant cost decline and open markets that do not currently exist. SpaceX executed a staggering 165 missions in 2025 and now accounts for approximately 85% of all global orbital launches. That infrastructure position took decades to build and would be nearly impossible to replicate at comparable cost.

SpaceX officially acquires xAI, merging rockets with AI expertise

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The February 2026 merger with xAI added a layer to the valuation that straightforward financial models struggle to capture. ARK argues that at sub-$100 launch costs, orbital data centers could deliver compute roughly 25% cheaper than ground-based alternatives, without power grid delays, permitting friction, or land constraints. Musk has stated a goal of deploying 100 gigawatts of AI computing capacity per year from orbit.

The $1.75 trillion figure itself is not a conventional earnings multiple. At roughly 95x trailing revenue, it prices in Starlink’s adoption curve, Starship’s cost trajectory, and the orbital compute thesis together. The public S-1 prospectus, due at least 15 days before the June roadshow, will give investors their first complete look at the financials to test those assumptions. ARK’s position is that the track record earns the benefit of the doubt. Fully reusable rockets were considered unrealistic for years. Starlink was considered financially unviable. Both happened on timelines that surprised skeptics.

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Ford CEO Farley says Tesla is not who to look at for EV expertise

Interestingly, Farley has been one of the most hellbent CEOs in terms of a legacy automaker standpoint to push the EV effort. It did not go according to plan, as Ford took a $19.5 billion charge and retreated from its EV push in late 2025.

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Ford CEO Jim Farley said in a recent podcast interview that Tesla is not who Americans should look at to beat Chinese carmakers.

The comments have sparked quite a bit of outrage from Tesla fans on X, the social media platform owned by Elon Musk.

Farley said that Chinese automakers are better examples of how to beat competitors. He said (via the Rapid Response Podcast):

“If you’re an American and you want us to beat the Chinese in the car business, you’re all going to want to pay attention, not necessarily to Tesla. Nothing against Tesla—they’ve been doing great—but they really don’t have an updated vehicle. The best in the business for us, cost-wise and competition-wise, supply chain, manufacturing expertise, and the I.P. in the vehicle, was really BYD. In this next cycle of EV customers in the U.S., they want pickups and utilities and all these different body styles. But they want them at $30,000, not $50,000. Like the first inning, they want them affordably.”

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Despite Farley’s synopsis, it is worth mentioning that Tesla had the best-selling passenger vehicle in the world last year, and in China in March, as the Model Y continued its global dominance over other vehicles.

Musk responded to Farley’s comments by stating:

“This is before Supervised FSD is approved in China. Limiting factor is production output in Shanghai.”

Interestingly, Farley has been one of the most hellbent CEOs in terms of a legacy automaker standpoint to push the EV effort. It did not go according to plan, as Ford took a $19.5 billion charge and retreated from its EV push in late 2025.

Ford cancels all-electric F-150 Lightning, announces $19.5 billion in charges

Instead, Ford is “doubling down on its affordable” EVs and said it would pivot from its previous plans.

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Reaction from Tesla fans was pretty much how you would expect. Many said they have lost a lot of respect for Farley after his comments; others believe he is the last CEO anyone should be taking advice on EVs from.

Nevertheless, Farley’s plans are bold and brash; many consider Tesla the most ideal company to replicate EV efforts from. It will be interesting to see if Ford can rebound from this big adjustment, and hopefully, Farley’s plans to replicate efforts from BYD work out the way he hopes.

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SpaceX wins its first MARS contract but it comes with a catch

NASA awarded SpaceX a $175 million Mars rover contract while the White House proposes cutting the mission.

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NASA just signed a $175.7 million contract with SpaceX to launch a Mars rover that the White House is simultaneously trying to defund. The contract, awarded on April 16, 2026, tasks SpaceX’s Falcon Heavy with launching the European Space Agency’s (ESA) Rosalind Franklin rover from Kennedy Space Center in Florida, no earlier than late 2028. It would mark the first time SpaceX has ever sent a payload to Mars.

Under NASA’s Rosalind Franklin Support and Augmentation project, known as ROSA, the agency is providing braking engines for the rover’s descent stage, radioisotope heater units that use decaying plutonium to keep the rover warm on the Martian surface, additional electronics, and a mass spectrometer instrument, as noted by SpaceNews.

Those nuclear heating units are the reason an American rocket was required at all. U.S. export controls on radioisotope technology mean any payload carrying them must launch on a domestic vehicle, which narrowed the field to SpaceX and United Launch Alliance. Falcon Heavy’s pricing made it the practical choice.

SpaceX is quietly becoming the U.S. Military’s only reliable rocket

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Falcon Heavy debuted in February 2018 and has 11 launches to its record. The rocket has not flown since October 2024, when it sent NASA’s Europa Clipper toward Jupiter. The three-core design, built from modified Falcon 9 first stages, gives it the lift capacity needed for deep space planetary missions that a single Falcon 9 cannot reach.

The Rosalind Franklin rover has been sitting in storage in Europe for years. It was originally due to launch in 2022 as a joint mission with Russia, but Russia’s invasion of Ukraine ended that partnership, leaving the rover built but stranded without a launch vehicle or landing hardware. NASA stepped back in through a 2024 agreement with ESA to rescue the mission. The rover is designed to drill up to two meters below the Martian surface in search of evidence of past life, a science objective no previous mission has attempted at that depth.

The contradiction at the center of this story is hard to ignore. The White House’s fiscal year 2027 budget proposal included no funding for ROSA and did not mention the mission at all in the detailed congressional justification document released April 3.

Musk has long argued that reaching Mars is not optional. “We don’t want to be one of those single planet species, we want to be a multi-planet species.” Whether this particular mission survives Washington’s budget fight, the Falcon Heavy contract means SpaceX is now formally on record as the rocket that could get humanity’s next Mars science mission off the ground.

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The timing of this contract carries extra weight given that SpaceX filed confidentially with the SEC in early April and is targeting an IPO roadshow in the week of June 8. It would be the largest public offering in history.

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