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Optimism Over Tesla's Chargers Is Just Hype, Lucid CEO Says
‘It’s just a plug,’ says Peter Rawlinson, who was part of the team that designed what Tesla is now trying to make an industry standard.
Lucid CEO Peter Rawlinson with a Lucid Air prototype.
Photographer: Mark Kauzlarich/BloombergThis article is for subscribers only.
Reaction to Tesla Inc. getting other automakers to switch charging standards has run the gamut, from the fawning to the dismissive.
“It’s just a plug,” Cowen analyst Gabriel Daoud wrote earlier this month, after General Motors Co. followed Ford Motor Co. in agreeing to make the jump. Two days later, Dan Ives of Wedbush compared investor excitement about Tesla’s charging business with when Wall Street began to realize the potential of Amazon Web Services — an $80 billion a year business.