White House Says Federal EV Charger Funding Program Allows For Tesla Chargers As Long As They Also Have CCS Connection
Portfolio Pulse from Benzinga Newsdesk
The White House announced that federal funding for electric vehicle (EV) chargers will be available for Tesla chargers, provided they also have a CCS connection.
June 09, 2023 | 4:03 pm
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POSITIVE IMPACT
Tesla may benefit from federal funding for EV chargers if they include a CCS connection.
The news directly pertains to Tesla and its EV chargers. The federal funding program will allow Tesla to expand its charging network, which could lead to increased sales and adoption of Tesla vehicles. This is likely to have a positive impact on TSLA stock in the short term.
CONFIDENCE 90
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RELEVANCE 100