News
Tesla dominating race to build roadside US EV chargers: report
Tesla is dominating the electric vehicle charger race in the United States, with the company building out its rapid charging infrastructure faster and more cost-effective than rivals. This has allowed Tesla to secure millions worth of federal grant awards, which are part of a national effort to build out a proper charging network in the US.
Tesla’s Supercharger Network has long been considered a competitive advantage for the electric vehicle maker due to its ease of use, reliability, and coverage. Tesla, however, has maintained that the Supercharger Network is no walled garden, and the company proved this by opening up its chargers for non-Tesla electric cars. Tesla also opened its EV connector, the North American Charging Standard (NACS), to the market.
As noted in a report from The Wall Street Journal, some states are now starting to release the first wave of funding from the $5 billion that’s intended to build out an EV charging network for the United States. The funds were approved in the 2021 federal infrastructure law, and are being released over five years. There’s quite a lot of work to be done, with government data noting that there are only about 33,400 fast chargers in the US.
And as it turns out, three out of five of all fast chargers in the United States are Tesla Superchargers. This is primarily due to the fact that the Supercharger Network has been built out over the past decade, thus providing Tesla with the experience and expertise to ramp its charging efforts. As noted by the WSJ, Tesla is installing its Superchargers faster than its rivals, and the company is accomplishing it at a cost that’s 20% to 70% lower.
The electric vehicle maker has won bids to build out chargers at about 18% of the sites elected by US states using federal dollars. That’s more than any other company, as noted by EV charging analytics firm EVAdoption. Roughly $77 million have reportedly been granted so far, and Tesla has won $8.5 million of the number.
Tesla’s experience in the electric vehicle sector was evident in the company’s plans and bids, the report noted. Tesla’s bids reportedly averaged about $392,000 per site, while the average from other companies was around $795,000. Most of the time, Tesla also looked to install eight chargers, at times even a dozen, per site. Other companies, however, are reportedly still standing by the minimum of at least four rapid chargers per station that’s required by the federal government.
Perhaps one edge that Tesla has over its rivals is the fact that the Supercharger Network is not really intended to be a key money-maker for the company. Estimates from analysts at Piper Sandler, for example, noted that revenue from the Supercharger network could reach about $885 million next year and $10 billion in a decade. Even if the network’s revenue reaches $10 billion then, Tesla’s total revenue at the time could be over $700 billion.
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Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
