News
US official takes zero-Tesla road trip to promote EVs–things get so tricky they ended up ICE-ing a charger
United States Secretary of Energy Jennifer Granholm went on a four-day, 600+ mile journey from Charlotte, North Carolina, to Memphis, Tennessee, with a fleet of all-electric vehicles. The official’s entourage was impressive, as it included EVs like the Cadillac Lyriq, the Ford F-150 Lightning, and the Chevy Bolt. There were some combustion-powered cars in the entourage as well, but zero Teslas.
Over the US official’s journey, things would get so challenging that members of Granholm’s advance team resorted to eyebrow-raising tactics to secure fast chargers for the official. At one point, an ICE-ing incident happened, and police got involved. Needless to say, the Secretary of Energy’s EV road trip became a story worth telling — for better or for worse.
The distance itself between Charlotte and Memphis is not that far. At over 600 miles, the distance would likely require a Tesla just one or two stops at a Supercharger station. Granholm is knowledgeable about electric cars too, being one of EVs’ biggest advocates in the government. She also previously owned a Chevy Bolt and now drives a Ford Mustang Mach-E.
As noted by NPR reporter Camila Domonoske, who drives a Chevy Bolt herself, the US Secretary of Energy’s EV road trip was painstakingly mapped out ahead of time to allow for charging. The entourage stopped at hotels with Level 2 chargers and stopped at rapid chargers between cities. Advance teams would even head to fast chargers to make sure that the official and her team of EVs can recharge their batteries quickly.
Now, such a plan would probably be sufficient if the United States is known for having an expansive and reliable fast-charging network. But it’s not. Outside the Supercharger Network, which is privately operated by Tesla, the US’ rapid charging infrastructure leaves much to be desired.
This became evident when Granholm’s team was planning to fast charge at a station in Grovetown, a suburb of Augusta, Georgia. Upon arriving at the site, the official’s advance party realized that one of the station’s four chargers was broken and two were already occupied. With only one rapid charging stall open, an Energy Department staffer tried to ICE the stall to reserve it for the Secretary of Energy, who was on her way to the charging station.
ICE-ing, or the act of blocking an EV charging stall with a combustion-powered car, has been a headache for electric car owners for years. It was then no surprise that when the Energy Department staffer blocked the only free rapid charging spot in the site, EV owners were not pleased. A family that was boxed out of the charging stall was so upset that they called the police — and for good reason too. The day was extremely hot, and they had a baby in the car.
NPR’s Domonoske described the aftermath of the ICE-ing incident. “The sheriff’s office couldn’t do anything. It’s not illegal for a non-EV to claim a charging spot in Georgia. Energy Department staff scrambled to smooth over the situation, including sending other vehicles to slower chargers, until both the frustrated family and the secretary had room to charge,” she wrote.
As noted by Domonoske, outside of Tesla’s Supercharger Network, long road trips in the United States are still an issue. Fortunately, Tesla’s North American Charging Standard (NACS) is being adopted by an increasing number of automakers and charging companies, so it won’t be long before other electric cars can take advantage of a benefit that’s long been available to Tesla owners.
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Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
