Clever Rebel

Technology

Should World’s Richest Man Get Government Funding?

By Matt De Vlieger · December 25, 2023

Ambitious $100 Million Request

Tesla's visionary, Elon Musk, has submitted a groundbreaking proposal to the U.S. government, seeking $100 million in funding for the construction of nine Megacharging stations. These stations are strategically planned to facilitate the charging of Tesla's all-electric Semi trucks, revolutionizing the transportation sector.  Clever Rebel

Charging California to Texas

Tesla's funding request aims to establish nine Megacharging stations along the critical route from Northern California to the southern border of Texas. This strategic positioning reflects Tesla's commitment to enabling efficient travel for its all-electric Semis, showcasing the company's forward-thinking approach to sustainable transportation.  Matt De Vlieger/Clever Rebel

Infrastructure Needed for Electric Tesla Truck

The $100 million proposal includes plans for each Megacharging station to feature up to eight individual 750-kilowatt chargers. This infrastructure would allow eight Tesla Semis to charge simultaneously at each of the nine locations, addressing the need for a robust and scalable charging network to support the growing fleet of electric trucks.  Tesla

Begging Texas Officials for Funds

In a strategic move, Tesla is actively engaging Texas state officials to advocate for its funding request. The company is urging the state to formally request support from the federal government on its behalf, emphasizing the potential benefits of the Megacharging stations in enhancing regional and national transportation infrastructure.  Canva

Rolling out the Electric Semi

Tesla's Semi prototype, unveiled in 2017, hit the streets in 2022 with PepsiCo receiving 15 all-electric sixteen-wheelers. This journey from prototype to commercial deployment signifies an evolutionionary step of clean energy transportation and sets the stage for broader adoption.  Tesla

Semi vs. Climate Change

With the first all-electric sixteen-wheeler on the market, the clean energy vehicle looks to address an urgent need to reduce pollution in the atmosphere generated by industrial shipping. Tesla's push for Megacharging stations aligns with its mission to accelerate the transition to sustainable transportation and the growth of its company and sales.  Tesla

Addressing Shipping Cost on Environment

With 49.5 million tons of goods shipped daily in the United States, trucks, identified as the fastest-growing contributor to air pollution, play a significant role.  

Tesla's Funding Approval Anticipation and its Implications

The approval of funding could propell Tesla's ambitious plan forward and also contribute to reshaping the landscape of sustainable transportation. It could also further Musk's own business goals and lead to further consolidation of the market by a single, government preferred company, rather than distributing investment to smaller and midsized businesses around the country.  Tesla

Uncertain Future or Self Funding

There are questions around Tesla's strategy if the funding request faces rejection. Will the company invest its own resources in the plan? It begs the question, will Musk, the richest man in the world, pay up for his own product?  Tesla