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Tesla urged by German Minister to unlock Supercharging for all EVs

Credit: Nextmove | YouTube

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Tesla is being urged by German Federal Minister of Transport Andreas Scheuer to unlock the company’s Superchargers for all electric vehicles, regardless of manufacturer. The move would give every EV on the road access to the broadest, well-rounded, and most efficient EV charging network in the world.

Tesla’s Supercharging network is among the most robust and complete in the world. With over 25,000 global Superchargers that give charging speeds as fast as 250 kW to Tesla’s industry-leading EVs, the company has established itself as the most well-rounded in terms of the product and the charging mechanisms that it provides.

The Superchargers are only compatible with Tesla vehicles currently, basically giving owners an extra incentive to buy one of the company’s vehicles instead of a competitor. When buying a Tesla, you won’t only get the best car in terms of performance, range, and efficiency, but you will also have access to the widest selection of Superchargers in the world.

Tesla’s North American Supercharging locations. (Credit: Tesla)

However, some are critical of the idea that Tesla keeps these chargers exclusive to their owners. While it gives Tesla a competitive advantage over other EV manufacturers, it limits the options for other cars. Some see it as a financial disadvantage for Tesla as it could make the company more money when vehicles made by other OEMs choose to get more range at a Tesla Supercharger.

Scheuer, who has held the Office of Federal Minister of Transport since 2018, said that he believes the company should open up its Superchargers to other cars, a move that could accelerate the adoption of electric vehicles everywhere.

In a recent interview with German media outlet Neue Osnabrücker Zeitung, Scheuer said (via ecomento.de):

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“I am in direct contact with manufacturers like Tesla to ensure that the existing infrastructure, for example, Tesla Supercharger, is also opened for other manufacturers.”

Scheuer said there are still technical concerns that need to be answered, such as how the drivers will pay for the system. He suggested a uniform Smartphone application that will work universally with EV chargers from all manufacturers. Whichever way it works out, he said he expects a solution to be found.

The electric vehicle industry has come a long way in the past several years, according to Scheuer. When discussing the overall e-mobility package, including the vehicle, the charging infrastructure, the network, and users, he said that it has become better over the past few years. Scheuer added:

“There is still a long way to go so that not every electric car trip becomes an adventure, but a new normal. That is the goal. And we’re getting closer to that with great strides.”

Tesla CEO Elon Musk has talked about opening up universal usage of Tesla Superchargers on several occasions in the past. The latest comment Musk made on the subject was in December 2020, when he said:

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Some electric cars were already using Tesla Superchargers in September 2020, but a bug was the reason for the loophole, and Tesla quickly fixed it.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla investors demand 40-hour workweek from Elon Musk

Pension fund leaders push the Tesla board to require 40 hrs/wk from Elon Musk. Should Tesla enforce this? Or simply trust Musk?

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Wcamp9, CC BY 4.0 , via Wikimedia Commons

Pension fund leaders with Tesla investments are urging the company’s board to mandate Elon Musk dedicate at least 40 hours per week to the electric vehicle maker, citing a looming crisis.

The group holds a combined 7.9 million TSLA shares and expressed alarm over Tesla’s challenges in a Wednesday letter to board chair Robyn Denholm.

“Tesla’s stock price volatility, declining sales, as well as disconcerting reports regarding the company’s human rights practices, and a plummeting global reputation are cause for serious concern,” the investors wrote.

They attributed many issues to Musk’s external activities, including his role in the U.S. Department of Government Efficiency (DOGE). The pension fund leaders criticized the board for failing to ensure Musk’s “full-time attention” on Tesla. The group includes the SOC Investment Group, the American Federation of Teachers, New York City Comptroller Brad Lander, and Oregon State Treasurer Elizabeth Steiner.

The investors’ letter comes as the Tesla board plans for Elon Musk’s next compensation plan, following the Delaware Court of Chancery’s 2023 ruling to rescind his $56 billion 2018 package. Besides a 40-hour workweek requirement, they also called for a clear succession plan and limits on directors’ external board commitments to strengthen governance. The letter highlighted concerns about board independence. Tesla recently added former Chipotle CFO Jack Hartung, who previously worked with Musk’s brother, Kimbal Musk, as a Tesla board member.

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The group’s letter reveals where the position of some investors as Elon Musk forges ahead with Tesla’s future plans. Musk’s broader ambitions for Tesla were evident during the Q4 and FY 2023 earnings call, where he envisioned the company as an AI and robotics powerhouse with “truly immense capability and power.” He emphasized his desire for 25% voting control to maintain influence without complete control.

“You know, we’ve had a lot of challenges with Institutional Shareholder Services, ISS — I call them ISIS — and Glass Lewis, you know, which there’s a lot of activists that basically infiltrate those organizations and have strange ideas about what should be done,” Musk said.

As Musk plans to focus more on Tesla, alongside xAI and SpaceX, the investors’ demands underscore tensions between his expansive vision and shareholder expectations. With Tesla navigating stock volatility and reputational challenges, the board faces pressure to align Musk’s leadership with the company’s long-term stability.

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Investor's Corner

Tesla analyst’s firm has sold its entire TSLA position: Here’s why

Tesla analyst Gary Black revealed his firm, The Future Fund, has sold their entire $TSLA holding.

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tesla showroom
(Credit: Tesla)

Tesla analyst Gary Black of The Future Fund revealed today that his firm has sold its entire $TSLA holding, marking the first time since 2021 that it has not had a position in the company’s stock.

Black has been a skeptic of the company and relatively pessimistic regarding some things many investors would consider catalysts, outlining his concerns and reasoning for selling the shares.

Much of Black’s reasoning concerns Tesla’s price-to-earnings ratio, delivery results and potential delivery figures for the future, and other near-term projects that he does not believe will yield as much value as others perceive.

We will break down each concern of Black’s below:

‘Disconnected from Underlying Fundamentals’

Black says that The Future Fund sold its holdings at $358 per share. The firm’s current price target is at $310, and he says it will remain there based on “our forecast of 2030 Tesla volumes of 5.4m and 2030 Adj EPS of $12.

Main Concern is P/E Ratio

The main concern Black and The Future Fund have is that TSLA “now sells at a 2025 P/E of 188x as earnings estimates continue to fall (-5% in the past week, -40% YTD) driven by weak YTD deliveries, including weak April results.”

Black says he believes quarterly deliveries will decline by 12 percent, and full-year by 10 percent.

This compares to Wall Street’s estimates of a 7 percent decrease for Q2 and a 5 percent year-over-year.

Robotaxi Skepticism

“We believe the risk/reward associated with the Austin robotaxi test remain asymmetrical to the downside,” Black writes in his post on X.

Tesla Robotaxi deemed a total failure by media — even though it hasn’t been released

Many believe the Robotaxi platform could be Tesla’s biggest catalyst moving forward, especially as other automakers do not seem to have even close to as robust a solution to self-driving as Tesla.

Tesla’s Affordable Models

Black says there are concerns the affordable model will be “a stripped-down Model Y priced lower and funded by lower costs rather than a new form factory that expands TAM.”

This is confusing, especially considering the cheaper price tag would expand the total addressable market (TAM) to begin with. The Model Y has been the best-selling vehicle in the world for the past two years.

Tesla still on track to release more affordable models in 1H25

Introducing an even lower-cost model with some missing features would still likely be a significantly more attractive option than a base model ICE vehicle, especially because the value Full Self-Driving provides would make the car more beneficial.

“This increases odds that FY’25 estimates decline further, risking a repeat of 2023-2024, when TSLA reduced EV prices supported by lower costs, and TSLA saw little or no incremental volume growth,” he finishes with.

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Tesla gets major upgrade that Apple users will absolutely love

Tesla is unloading a new feature for iPhone users that they will absolutely love.

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tesla app
Credit: Tesla Inc.

Tesla is giving its owners who use iPhones and the iOS platform a major upgrade that will make the vehicles more compatible with the current capabilities of Apple devices.

Much to the chagrin of Android users, Apple iPhone users who own Teslas are usually the first to get new features.

However, Tesla is rolling out a new feature to iPhone users that will only be available to them, as Live Update compatibility is now rolling out.

Live Updates on the iPhone allow users to track the progress of tasks while using other apps. For example, uploading a post on X can be tracked while using an internet browser, as the Dynamic Island, the small display near the speaker on an iPhone, will show progress.

Tesla will now do this for Supercharging, a new update shows. The Dynamic Island is not the only thing that will monitor the progress of Supercharging, though. Updates will also be visible on the lock screen and as a drop-down notification:

You will need iOS 17.2 or newer to use this feature.

The Supercharging updates will show the current State of Charge (SoC), time remaining, and price of the current session. These notifications will make the charging process easier when you’re not inside your Tesla, as many Superchargers are located in retail settings.

You’ll be able to monitor the price and time remaining with a quick glance at your phone.

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