Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers

Elon Musk has unexpectedly scaled back Tesla's efforts to expand its electric vehicle charging network in the U.S., a key focus of the Biden administration. This move involved laying off 500 employees and reducing investments in new charging stations, leaving the industry puzzled and concerned about meeting the growing demand for public chargers. This shift places pressure on other companies to accelerate their infrastructure development to support the increasing adoption of electric vehicles.