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Episode 9: Tesla Layoffs and the Road Ahead for EV Charging
Release Date: May 15, 2024

Back > Podcast

Episode 9: Tesla Layoffs and the Road Ahead for EV Charging
Release Date: May 15, 2024

Overview:

The electric vehicle charging industry (EVCI) is jolted by Tesla’s unexpected decision to lay off its entire Supercharger team. Speculation swirls about the motivation behind this move, with some citing recent performance issues with the Supercharger network, while others hypothesize a strategic shift by Tesla to prioritize advancements in AI and autonomous vehicles. Regardless of the reason, the layoffs leave a significant void. Tesla’s leadership in standardization with the NACS system and their strong relationships with industry stakeholders are gone, potentially hindering the widespread adoption of this crucial charging infrastructure. This disruption, however, presents a double-edged sword. Established network operators now have a golden opportunity to up their game, improve their services, and capture a larger market share. Additionally, this opens the door for innovative startups to emerge and fill the gap left by Tesla’s retreat. The future of Tesla’s involvement in EV charging remains shrouded in mystery. They might choose to sell off or outsource their existing Supercharger infrastructure, potentially impacting their EV sales without the exclusive advantage of a robust charging network. In conclusion, while the EVCI grapples with the immediate consequences of Tesla’s decision, this unexpected event also presents a window of opportunity for innovation and the rise of new players to shape the landscape of electric vehicle charging. 

Themes:

Tesla, Tesla Layoff, Tesla Superchargers, EV Charging, EVCI Industry

Key Questions:

Q1: Why did Tesla lay off its entire Supercharger team?  

Timestamp: 6:21 9:15

Q2: What are the impacts of the layoffs on the EVCI industry?  

Timestamp: 9:59 – 17:47

Q3: What is the future of Tesla in the EV charging business?   

Timestamp: 20:09-22:33

 

Speakers

Saqib Saeed:

Saqib is a highly accomplished market research professional and a data storyteller in the international energy industry. With over a decade of experience in the field, he currently serves as the Chief Product Officer at PTR Inc. His expertise lies in the power grid and e-mobility equipment sectors. Throughout his career, Saqib has overseen numerous global market research studies and provided valuable insights to key decision-makers at various Fortune 500 companies. He is a member of the editorial board for Transformers Magazine and a member of the Advisory board of CWIEME Berlin.  

Muhammad Rafey Khan:

Rafey Khan is a Senior Analyst II and Team Lead for Electric Vehicle Charging Infrastructure service. His research focuses on e-mobility topics, specializing in electric vehicles and it’s charging infrastructure. He has worked with major EVCI system and component manufacturers, utilities and CPOs to conduct research and provide consulting to30+markets around the world. He holds comprehensive knowledge of the E-Mobility market of USA particularly around EV and EVSE technologies, emerging market trends, and regional competitive landscape.  

Hassan Zaheer:

Hassan is the Chief Operating Officer at PTR Inc. based in Abu Dhabi, UAE. With more than a decade of experience in the energy transition space, Hassan works for various Fortune-500 blue-chip clients on global market studies in the electrical infrastructure sector. In his current role at PTR, he works with clients to sustainably grow their businesses, both through custom consulting work and tailored research reports by PTR, helping their executive management and boards make data driven decisions. Hassan is also a Member of Advisory Board for CWIEME Berlin and an advisor to the educational non-profit Better Humans Academy.  

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