Hyundai is next considering joining Tesla's North American Charging Standards Alliance $TSLA+0.2%. My guess is that every EV manufacturer with any sense will end up in that alliance sooner or later.
Tesla
TSLACapital Structure
Market Cap
631.1B
Enterpr. Val.
624.4B
Valuation
P/E
50.6
P/S
6.6
Tesla Superchargers make up about 60% of available fast chargers in the US, and Ford $F+2.5% and General Motors $GM+1.9% have in recent weeks entered into agreements with Tesla to use its charging technology, now dubbed the North American Charging Standard (NACS).
Tesla controls the chargers. They do this well
In this case, it's probably not entirely wise to go against the crowd. NACS will be like USB-C.
This is a smart move for Tesla... as much as I hate EVs, they're succeeding... :)
Well, he's probably not gonna want to build his
Again, good news for Musk, it makes sense and another possible income for Tesla, they could probably really make that $300 by the end of the year. 🤔😁
That makes sense, why build something from scratch and pay a lot of money for it when you can make a deal with your competitors to use their infrared.