News
Tesla combats Uber, Lyft congestion in New York City with Supercharger Congestion Fees
Tesla is combatting Uber and Lyft congestion at its Superchargers in New York City with Supercharger fees after the ride-sharing services have backed up EV chargers.
This week, it appears the Superchargers are more congested than normal, and it could be due to the influx of Uber and Lyft vehicles at locations in Brooklyn and Queens.
Dear @elonmusk and @Tesla please consider increased demand for the superchargers (240kw) and make the new ones nearby these locations- #Brooklyn #BayRidge #BathBeach #Bensonhurst #DykerHeights #Forthamilton
Please, cooperate with Tesla – @NYCMayorsOffice @nyctaxi @Uber pic.twitter.com/fYmPNr9EOt
— Vako Ormotsadze (@VOrmotsadze) January 12, 2024
This is not a great experience.
We need more supercharger locations in NYC. As a Tesla customer we shouldn’t have to go through this, second time this week. @elonmusk @Tesla @TeslaCharging @WholeMarsBlog @heydave7 @SawyerMerritt @DirtyTesLa @DillonLoomis22 pic.twitter.com/GVybsMdq8w— Tesla Shill (@TeslaShill) January 17, 2024
Tesla has sent this message to drivers in the area, indicating that Active Supercharger Congestion Fees will be applied:
“Idle fees have been replaced by congestion fees at select Superchargers near you. Congestion fees accrue when your Supercharger is busy and your vehicle’s battery is above a certain level. This change helps reduce wait times and ensures that everyone has access to Superchargers when they need it.
Congestion fees apply when:
- Supercharger is busy
- Your vehicle’s charge is above the congestion fee charge level
View congestion fees and charge levels at which they apply on your touchscreen.”
The number of Lyft and Uber vehicles that applied for licenses through the New York City Taxi and Limousine Commission (TLC) was well over 9,000 units last year, and several NYC Councilmembers warned that this could cause congestion.
The TLC eliminated the cap on for-hire drivers as long as the vehicles are electric or handicap accessible, but there are now so many in the city that it is causing issues.
On top of this, there are only so many charging stations in the City, and several are operated by Revel, the ride-sharing service that fought the TLC for more for-hire licenses several years ago.
Tesla Model 3 wins hearts as famed NYC Taxi, picks up where Nissan Leaf couldn’t
As for congestion fees, Tesla launched them last year in an attempt to keep Supercharger lines moving when certain locations are congested.
Code from Tesla hacker green stated that the congestion fees would apply when vehicles are charging over 80 percent.
Potential Solutions
The big issue and core problem is that there are a lot of EV drivers in New York, but the infrastructure just has not gotten to a point where it can routinely handle an influx of cars that need a charge.
Revel has been expanding its network of EV chargers throughout New York City and plans to open more stations this year.
Spokesperson Robert Familiar told us:
“Revel’s public fast-charging Superhubs have seen about four times more public utilization in the last two months, which we see as a direct outcome of the Green Rides initiative. We’re anticipating an even greater uptick as more drivers look to skip long lines and hidden fees by charging at our higher-volume Superhubs.”
The 2018 Green Rides initiative has been great for EV adoption, but it surged demand so much that it generally outpaced infrastructure availability.
Jason Kersten, the Press Secretary of the NYC TLC, told me that there will be growing pains until the City is able to build out the appropriate amount of infrastructure. EVs are obviously a great thing for New York, and we talked in detail about the transitional phase that the City will go through over the next 11 years as it gears up for a 100 percent zero-emissions fleet.
TLC Commissioner David Do believes infrastructure will need to catch up as drivers under the Commission jumped at the opportunity to own EVs last year:
“In October, we gave TLC drivers the option of owning their own EV plates instead of continuing to lease gas-powered vehicles, and many of them jumped at it. They’re now hitting the road, leading the charge towards a cleaner and more sustainable city and sending a very clear message: We need more charging infrastructure. We’re doing everything we can to meet that demand as quickly as possible. That includes the city’s commitment to install 13 fast charging hubs in municipal parking facilities citywide, a new Bronx charging depot, and 30 fast chargers at TLC’s Woodside inspection facility.”
88 percent of the 9,756 applications the TLC received between October 18 and November 13 were from individual drivers, not companies. The TLC has, so far, approved 4,732 and continues to process applications.
The TLC and the City of New York have worked together to increase charging infrastructure moving forward. The efforts have resulted in $15 million in federal funding for a charging depot in the Bronx, 30 fast-chargers at the TLC’s Woodside inspection facility, and 13 municipal parking facilities citywide, among other things.
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Investor's Corner
SpaceX reports beat in first earnings while minimizing losses
SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
News
Tesla’s AI lead doubles down on FSD’s speed strategy, and owners are confused
Tesla’s AI lead Ashok Elluswamy doubled down on the company’s strategy regarding Full Self-Driving’s speed settings, and owners are definitely confused.
Earlier versions of Full Self-Driving allowed owners to set a max speed that the vehicle could travel while operating under the semi-autonomous driver assistance platform. This allowed more customization for the driver, giving them the ability to experience FSD’s robust performance with their own personal preferences.
Speed is massively important for obvious reasons — it’s not only a question of keeping the vehicle occupants comfortable by traveling at a safe speed, but it’s also something that could contribute to a ticket or infraction from law enforcement.
With the release of FSD v14 last year, Tesla removed the ability to set a max speed and instead opted for five Speed Profiles, ranging from “Sloth,” the most conservative, to “Mad Max,” the most aggressive and spirited. These profiles not only control speed, but also how frequently the vehicle will execute passes, perform lane changes, and other contributing factors.
The removal of the Max Speed setting was a major complaint amongst the Tesla community because it left owners scrambling for a way to experience suitable behaviors while traveling at an appropriate speed. Most felt the driving profiles would be a good indicator of the behaviors, while speed would still be left up to the discretion of the driver.
Instead, Tesla’s Speed Profiles determine both, and the constant tinkering of how they behave has been a major bottleneck and point of confusion for both owners and the company. From update to update, the Speed Profiles will change, sometimes more drastically than others. Some owners have complained that the “Standard” profile is too fast, while others have experienced “Mad Max” traveling below the speed limit:
What has happened to Mad Max?
At one point it was going 32 in a 35. Traffic ahead had pulled away considerably https://t.co/bjKvaMVTNX pic.twitter.com/aaZSWmLu5v
— TESLARATI (@Teslarati) January 24, 2026
These things change with each update, but the big complaint is that owners are on the hook for any tickets that come from FSD’s infractions; that’s the caveat of the suite being named FSD (Supervised). It ultimately means the driver is responsible, and the automaker has no liability when it comes to speeding tickets or general traffic infractions.
It is the driver’s responsibility to take over or adjust based on this.
Elluswamy essentially confirmed that there are no plans to bring back Max Speed control, because it is what he referred to as “an anti pattern.” He then echoed something that CEO Elon Musk has started to really push with FSD, and that’s the idea that Tesla is really honing in on the preferences of the driver.
Max speed control is an anti pattern.
We are working on better learning of user’s implied preferences.
— Ashok Elluswamy (@aelluswamy) August 3, 2026
Owners were confused by Tesla’s decision, stating that there must be a better way, especially considering disengagements for incorrect speeds are common:
This…. is not the way
— Kyle Conner (@itskyleconner) August 4, 2026
😭 I appreciate this mentality ! But currently the no.1 reason I disengage in Australia is incorrect speed zones.
— Ryan’s Model Y (@ryanjaycowan) August 3, 2026
This is fine but you need to start accepting liability for speeding tickets then. https://t.co/lyCgdA83gQ
— Jeremy Judkins (@jeremyjudkins_) August 4, 2026
Okay https://t.co/nOvoXQkNg1 pic.twitter.com/jGRtF2xtox
— Chad Moran (@ChadMoran) August 3, 2026
From personal experience and using FSD for over 72 percent of my driving miles since v14 was released late last year, I make Speed Profile adjustments constantly. If FSD is traveling a tad too quickly, I will scale it back, and if it’s too conservative, I’ll make it more aggressive.
I don’t complain about making the Speed Profile changes too frequently, but it would certainly be nice to have it happen less frequently. There are far too many times I am concerned about getting a ticket, even in Standard mode.
The biggest issue for me, personally, which seems to be echoed throughout the community, is the fact that Tesla’s goal is to minimize disengagements. Many drivers are stating that speed is a major reason for disengagements.
However, Tesla is not willing to bring back this one level of input because it would technically be a regression.
Whether it’s right or wrong in your opinion, it is what Tesla is going with, and it seems like it has pivoted quite a bit from its other strategies for minimizing interventions by pushing its AI to behave in a way that would fit the occupant’s personal preferences.

