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“Idle fees have been replaced by congestion fees at select Superchargers near you.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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Elon Musk
Tesla tipped its hand at where Robotaxi is heading next
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
News
Tesla Model 3’s cheapest trim just got a major accolade
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
Investor's Corner
SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.