News
VW prepares to spend first $300M of $2B on EV charging infrastructure project
Volkswagen will designate $300 million by 2019 to establish a network of more than 450 electric vehicle charging stations in 11 U.S. major metropolitan areas and along high traffic highways. The announcement came this week through Volkswagen’s new wholly owned subsidiary called Electrify America, which will support increased use of zero emissions vehicles (ZEVs) in the U.S.
The initiative is part of the Federal Trade Commission agreement with Volkswagen to compensate for “Dieselgate,” the systematic and willful deceit of U.S. emissions regulators through special software in Volkswagen’s diesel vehicles. Electrify America is a product of Volkswagen’s 2016 court settlement with the California Air Resources Board and the U.S. EPA. We recently reported that the VW emissions scandal has given life to a new generation of electric vehicle start ups like Rivian Automotive. The Illinois-based electric car company has leased land to a logistics company that’s using the space as a temporary holding area for the Dieselgate VWs. Teslarati commissioned a videographer to capture drone shots showing roughly 14,000 affected cars waiting to be disposed of as a result of the scandal.
Thousands of VW Diesels being Stored at Rivian Factory, Photo: Jim Finch for Teslarati
Electrify America will support and promote greater availability of customer-friendly infrastructure in areas with high demand for ZEVs. With hundreds of stations with non-proprietary chargers across the U.S., Electrify America‘s first National ZEV investment cycle will make it easier and faster for millions of Americans to charge their electric vehicles while also “encouraging more drivers to explore and embrace electric driving.”
Electrify America‘s first stage plans
Electrify America has released information through a press release and website that it will establish a network of 2,500+ non-proprietary electric vehicle chargers at more than 450 station sites.
- Approximately 240 charging station sites will be installed or under development outside of California by the end of the first cycle.
- These sites will be located along high-traffic corridors between metropolitan areas, including multiple cross country routes.
- They will include between four and ten 150 kW and 320 kW individual DC fast chargers at each location.
- Charging sites will be present in 39 U.S. states.
- They will be built along corridors with a high correlation with the EV Charging Corridors recently designated by the Federal government.
- Sites will be, on average, about 66 miles apart, with no more than 120 miles between stations.
Comparisons to Tesla’s Supercharger network
The extent and speed of Electrify America‘s planned installation schedule roughly parallels the early years of Tesla’s DC Supercharger network in the U.S., which began in late 2012.
The new Electrify America chargers will be non-proprietary. Tesla vehicles use a proprietary plug design, although the company sells compatible adapters. Tesla’s DC CHAdeMO adapter is limited to 50 kilowatts of power.
With proposed charging power set at 320 kilowatts, the Electrify America network would be the first high power contender, at scale, to the Tesla Supercharger network. Tesla is the only EV manufacturer right now capable of charging vehicles at up to 120 kW, which equates to about 170 miles of range in as little as 30 minutes. Tesla has built a fast DC Supercharger network that supports maximum theoretical charging rates of up to 145 kilowatts, according to the company’s website.
The Electrify America network will provide 2500+ chargers at more than 450 stations. At this writing, Tesla Superchargers are at over 2,200 charging stalls at 350 locations across the U.S.
The proximity of Electrify America‘s chargers along frequently traveled corridors means that many shorter range ZEVs available today will be able to use this network. Most Tesla sites are located along highways away from large metropolitan areas and are primarily intended for use by travelers on long-distance trips.
It seems likely that the Electrify America chargers will be located in existing public infrastructure like rest stops. Tesla has a growing network of Destination Charging Partners with dedicated Tesla Wall Connectors at their properties. The company’s website describes how these are primarily destinations where a Tesla owner would stay for several hours at a time, such as ski resorts, restaurants, hotels and others. They are safe, well-lit, and infuse a feeling of security when Tesla owners need to recharge their vehicles.
Electrify America stations will be designed to support many existing and anticipated charging technology needs, including evolving industry standards like the Combined Charging Standard (CCS) and the Open Charge Point Protocol. Last year, Tesla joined the European CharIN consortium that is leading the development of CCS.
Tesla reminds its owners that there are many factors that affect the actual charge rate, including ambient temperature, utility grid restrictions, and charging traffic. Tesla constantly incorporates owner feedback into its maintenance and research and development efforts, offering a distinct consumer experience for Tesla owners who use its Superchargers.
Elon Musk
SpaceX to launch Starlink V2 satellites on Starship starting 2027
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls.
SpaceX is looking to start launching its next-generation Starlink V2 satellites in mid-2027 using Starship.
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls during remarks at Mobile World Congress (MWC) in Barcelona, Spain.
“With Starship, we’ll be able to deploy the constellation very quickly,” Nicolls stated. “Our goal is to deploy a constellation capable of providing global and contiguous coverage within six months, and that’s roughly 1,200 satellites.”
Nicolls added that once Starship is operational, it will be capable of launching approximately 50 of the larger, more powerful Starlink satellites at a time, as noted in a Bloomberg News report.
The initial deployment of roughly 1,200 next-generation satellites is intended to establish global and contiguous coverage. After that phase, SpaceX plans to continue expanding the system to reach “truly global coverage, including the polar regions,” Nicolls said.
Currently, all Starlink satellites are launched on SpaceX’s Falcon 9 rocket. The next-generation fleet will rely on Starship, which remains in development following a series of test flights in 2025. SpaceX is targeting its next Starship test flight, featuring an upgraded version of the rocket, as soon as this month.
Starlink is currently the largest satellite network in orbit, with nearly 10,000 satellites deployed. Bloomberg Intelligence estimates the business could generate approximately $9 billion in revenue for SpaceX in 2026.
Nicolls also confirmed that SpaceX is rebranding its direct-to-cell service as Starlink Mobile.
The service currently operates with 650 satellites capable of connecting directly to smartphones and has approximately 10 million monthly active users. SpaceX expects that figure to exceed 25 million monthly active users by the end of 2026.
Elon Musk
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Elon Musk’s social platform X and artificial intelligence startup xAI are reportedly preparing to repay approximately $17.5 billion in outstanding debt in full.
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Morgan Stanley, which arranged the debt financing for both companies, has reportedly informed existing lenders that X and xAI plan to pay back the full amount of the $17.5 billion debt. Bloomberg’s sources did not disclose where the capital for the repayment would be coming from.
X, formerly known as Twitter, assumed roughly $12.5 billion in debt during Musk’s acquisition of the company. xAI separately borrowed about $5 billion through bonds and loans last June. The two firms merged last year under xAI Holdings.
Bloomberg noted that portions of the debt are relatively recent and may carry early repayment penalties. xAI’s $3 billion in high-yield bonds are expected to be redeemed at 117 cents on the dollar, reflecting a premium since the debt was expected to stay outstanding for at least two years.
X has been servicing tens of millions of dollars in monthly debt payments, while xAI has reportedly been burning approximately $1 billion in cash per month as it invests heavily in data centers, chips, and AI talent. That being said, xAI also concluded a funding round in January, where it raised $20 billion of new equity.
The repayment plans come as Musk consolidates several of his businesses. SpaceX recently acquired xAI, making it a subsidiary as the company explores plans for space-based data centers. The combined entity has been valued at approximately $1.25 trillion.
Bloomberg previously reported that SpaceX is targeting a confidential IPO filing as soon as this month, potentially positioning the private space firm for a public listing later this year. Representatives for Morgan Stanley declined to comment, and X and xAI did not immediately respond to requests for comment.
News
Tesla Giga Berlin head calls out Handelsblatt’s claimed 2025 production figures
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
Tesla Gigafactory Berlin’s plant manager has publicly pushed back against recent reporting by German business publication Handelsblatt, which cited reportedly erroneous data about the factory’s production figures and financial performance.
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
In his LinkedIn post, Thierig called out Handelsblatt’s claim that 149,000 Model Y vehicles were produced at Giga Berlin in 2025. He noted that “the article is simply filled from front to back with false information and claims!
“I have to set the record straight here! In the last article about Tesla in Grünheide, the Handelsblatt speaks e.g. of 149,000 Model Ys built in 2025. WRONG!
“In 2025, we again produced over 200,000 vehicles. And this despite the fact that we stopped production in Q1 for the changeover to the new Model Y and then ramped it up again to 5,000 units per week over several weeks,” Thierig wrote.
He added that production increased each quarter in 2025 compared to the prior quarter and stated that more than 700,000 Model Y units have been produced at Grünheide since manufacturing began in 2022. For the first quarter of 2026, he stated that the factory is planning another production increase compared to the fourth quarter of 2025.
Thierig also questioned Handelsblatt’s reported 0.74% profit margin, writing that how the publication calculated the figure “remains reserved for their secret ‘calculation skills.’”
Beyond production data, Thierig highlighted Tesla’s broader footprint in Germany, stating that the company has invested more than €5 billion in Grünheide since 2020 and created nearly 11,000 permanent, above-tariff jobs. He added that Tesla is currently investing nearly €100 million into battery cell production at the site, which is expected to generate several hundred additional positions.
In a follow-up comment, Thierig noted that he did communicate with the publication’s editor-in-chief in an effort to “start fresh,” but he was informed that Handelsblatt’s current approach works just fine.
“Last year, I spoke to a representative of the Handelsblatt editor-in-chief and suggested that we “start anew” again. Handelsblatt turned down this offer on the grounds that their current approach works well for them,” Thierig noted.
Sönke Iwersen, Head of Investigative Research at Handelsblatt, responded to Thierig’s post, stating that the newspaper’s figures were based on Tesla’s own annual financial statements for the Grünheide entity.
He cited reported 2024 revenue of €7.68 billion, operating profit of €156.8 million, and net income after taxes of €55.6 million. Iwersen also referenced prior public comments from Elon Musk about Cybertruck demand, noting the gap between reported pre-orders and subsequent annual sales figures.
He also stated that the works council election eligibility figures Giga Berlin had dropped to 10,703 employees today from 12,415 two years ago.
“As far as production figures are concerned, these are figures from the data service provider Inovev. This is also stated in the article. Please compare this with Elon Musk’s information on demand for the Cybertruck. According to Musk, there were one million pre-orders. In the first year, 39,000 units were sold, in the second year 20,000. How can this be explained? With a million pre-orders?
“You yourself have repeatedly pointed out in recent months that no jobs would be cut in Grünheide because Tesla is different from the competition. Now a new works council is being elected in Grünheide. 10,703 people are eligible to vote. Two years ago, 12,415 people were eligible to vote. So there were exactly 1712 fewer from 2024 to 2026,” Iwersen wrote.
SpaceX to launch Starlink V2 satellites on Starship starting 2027
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
