Tesla faces a $7.5 billion ultimatum: Open up its charging network to rivals or be locked out…

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New US requirements will put Tesla under pressure to open up its EV charging network to rivals, per Reuters.

  • If it doesn’t, it could miss out on getting in on the $7.5 billion in charger subsidies planned by Biden.
  • Tesla’s 40,000+ EV chargers can only be used by its cars, but officials told Reuters that could change.

Tesla could find itself locked out of $7.5 billion in Biden administration subsidies if it fails to open its EV charging network up to competitors, according to a Reuters report.

The automaker’s SuperCharger network has more stations in the US than any other charging company, but they can connnect only to plugs used by Tesla cars.

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