EV giant Tesla Inc TSLA reportedly earned over $17 million in charging infrastructure grants before it decided to lay off its supercharger team and downsize its charging infrastructure deployment goals.
What Happened: As per a report from Politico, Tesla won about 13% of all EV charging awards from Biden’s 2021 bipartisan infrastructure law, amounting to over $17 million in infrastructure grants as of February. Tesla reportedly claimed the amount to build a total of 41 charging stations.
However, fast forward to a few weeks later and the company is downsizing its supercharging goals.
Experts see advantages in Tesla playing a major role in building the government-funded charging network, citing the company’s existing infrastructure and expertise.
“It should lead to a generally larger and more robust network of stations,” said Aaron Kressig, manager of the transportation electrification program at Western…
