A diptych of President Joe Biden and Elon Musk
President Joe Biden and Elon Musk
  • New US requirements will put Tesla under pressure to open up its EV charging network to rivals, per Reuters.
  • If it doesn't, it could miss out on getting in on the $7.5 billion in charger subsidies planned by Biden.
  • Tesla's 40,000+ EV chargers can only be used by its cars, but officials told Reuters that could change.

Tesla could find itself locked out of $7.5 billion in Biden administration subsidies if it fails to open its EV charging network up to competitors, according to a Reuters report.

The automaker's SuperCharger network has more stations in the US than any other charging company, but they can connect only to plugs used by Tesla cars.