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Elon Musk's shock firing of Supercharger team sparks broader fears about the future of the EV industry–‘Tesla is yielding the charging crown' [Fortune]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
than a tenth of his workforce, shelved plans to build a low-cost car and fired his head of fast charging. While adjustments in headcount are inevitable, Musk's decision to also sack Rebecca Tinucci's entire Supercharger team —while at the same time ploughing $10 billion this year alone into an AI strategy —sparked confusion and disbelief in the ranks of a Tesla community that once believed the company would grow EV sales tenfold from current levels by 2030. “What this means for the charging network, [Tesla's proprietary charging standard] NACS, and all the exciting work we were doing across the industry, I don't know yet know,” wrote Will Jameson, formerly Tesla's lead of strategic charging programs, who confirmed a report by The Information . “If Tesla is yielding the charging crown, who will step up?” Musk's Supercharger network was long considered an unbeatable asset that would insulate Tesla from competitive pressures. Particularly in EV laggard North America, no other brand
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