Part 7/11:
The Society of Automotive Engineers (SAE) has unanimously agreed to form a task force aimed at accelerating the development and standardization of Tesla’s charging protocol. The timeline suggests that the new standard could be finalized by the end of this year, promising enhanced compatibility and efficiency across EVs.
Meanwhile, optimistic economic data points include a drop in inflation to 3% year-over-year, down from nearly 5% earlier in the year. Lower inflation may lead to stabilized or reduced interest rates, making auto loans more affordable. These economic trends could favor EV adoption and bolster Tesla sales by easing financing burdens.