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Biden admin snubs Tesla's $100 million big-rig charging funding request — again

1. Tesla missed out on $100M charging funding from the DOT. 2. Tesla's electric big rig program faces delays in development. 3. The TESSERACT project aimed for nine charging stations but lacked funding. 4. Tesla's layoffs impacted their charging team and project status. 5. Future funding opportunities from the DOT remain uncertain.

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FAQ

Why Bearish?

Missing funding may delay Tesla's commercial expansion, as seen with its earlier projects.

How important is it?

The article discusses a significant funding loss that directly affects Tesla's growth potential.

Why Short Term?

Immediate funding loss affects project timelines but may change with new applications.

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