charging

Tesla announced last week that it’s laying off the team responsible for the biggest electric-vehicle charging network in the U.S. The move comes as consumer demand for EVs is dwindling. WSJ’s Jennifer Hiller reports on how the layoffs shocked the industry and how the change will impact efforts to build out a national EV charging network. Further Reading: -Tesla Is Pulling Back From EV Charging, and People Are Freaking Out  -As Electric-Vehicle Shoppers Hesitate, Hybrid Sales Surge  Further Listening: -Money, Drugs, Elon Musk and Tesla’s Board  -How China’s BYD Overtook Tesla  Learn more about your ad choices. Visit megaphone.fm/adchoices

The goal is for a nationwide network of 500,000 chargers by 2030. (0:15) Jobless claims fall to 16-month low. (3:03) LL flooring tumbles as founder withdraws takeover offer. (5:15)

Snow Notes
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Humana stock slides after cutting profit outlook on higher medical costs

Episode transcripts seekingalpha.com/wsb
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The Verge’s Nilay Patel, David Pierce, and Alex Cranz start the final show of 2023 with some chat about the state of USB-C: the ups and downs of charging gadgets, the ubiquity of one cable, and what the future looks like for gadgets with ports. The crew competes in a few rounds of USB-C Price is Right, a game we completely made up to show how confusing USB-C and its specs can be. Nilay, David, and Alex each play for a Vergecast listener to win an awesome Verge swag basket from our merch store. Check out the video version of the game below. David and Nilay end the holiday show with Noah Dentzel, the CEO and co-founder of Nomad Goods, to talk about how USB-C on the iPhone has changed his business, the challenges of building cables, and what tech accessories he’s most excited about in 2024. Have a happy, safe, and fast-charging holiday. We’ll see you in 2024! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nilay interviews Steven Yang, Founder and CEO of Anker. Learn more about your ad choices. Visit podcastchoices.com/adchoices