Tag: Tesla, Inc.

BusinessEnergy Policy

Tesla’s Affordable EVs Exceed $35K Price Point Amid Policy Challenges

Tesla’s newly launched standard Model 3 and Model Y start at $36,990 and $39,990 respectively, remaining above Elon Musk’s $35,000 target. Industry experts point to US trade policies, tariffs, and supply chain challenges as key factors preventing more affordable electric vehicle pricing.

Tesla’s newly announced “standard” Model 3 and Model Y electric vehicles continue to exceed the $35,000 price point that CEO Elon Musk previously targeted, with the vehicles starting at $36,990 and $39,990 respectively. Despite being $5,000-$5,500 cheaper than flagship versions, these models failed to excite investors as Tesla shares dropped approximately 4.4% following the announcement. The pricing challenges highlight broader issues within the electric vehicle industry and US policy landscape that continue to impact affordability.

US EV Policy Creates Supply Chain Headwinds

by Natalie Brooks
EnergyEnergy Policy

Corpus Christi Energy Boom Faces Critical Water Shortage Crisis

Corpus Christi’s energy sector, including major operations by Flint Hills Resources processing 380,000 barrels daily, faces severe water constraints. The region that attracted Tesla and Exxon Mobil with abundant resources now confronts sustainability challenges as industrial demand outstrips supply.

Corpus Christi has emerged as a dominant energy powerhouse in Texas, attracting billions in industrial investment from companies including Tesla and Exxon Mobil, but the region now faces a critical water shortage that threatens its economic boom. The area’s industrial growth, built on promises of abundant water resources, has created an unsustainable demand scenario where water consumption threatens to outpace supply.

Industrial Expansion and Water Demand

by Sarah Collins