Tesla's $3B Jackpot: Analyst Projects Rival EV Makers Could Supercharge Its Growth By 2030
Portfolio Pulse from Chris Katje
General Motors announced plans to integrate the North American Charging Standard connector on future electric vehicles produced in 2025, expanding access to Tesla's Supercharger network. Analyst Alex Potter projects that Tesla's deals with GM and Ford could be worth $3 billion by 2030, making Tesla's charging model the standard in North America.

June 09, 2023 | 6:58 pm
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POSITIVE IMPACT
Ford's recent collaboration with Tesla for charging network access could increase the attractiveness of Ford's electric vehicles and potentially impact its stock price.
Ford's recent collaboration with Tesla for charging network access, similar to the GM collaboration, could increase the attractiveness of Ford's electric vehicles by providing access to Tesla's Supercharger network. This increased attractiveness could potentially lead to higher sales and a positive impact on Ford's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
General Motors' collaboration with Tesla will expand access to Tesla's Supercharger network for GM drivers, potentially increasing the attractiveness of GM's electric vehicles.
The integration of the North American Charging Standard connector on future GM electric vehicles will expand access to Tesla's Supercharger network for GM drivers. This collaboration could make GM's electric vehicles more attractive to potential buyers, as they will have access to a larger charging network. This increased attractiveness could potentially lead to higher sales and a positive impact on GM's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Tesla's deals with GM and Ford could be worth $3 billion by 2030, making Tesla's charging model the standard in North America and potentially increasing its revenue.
The collaboration between GM and Tesla, as well as the recent collaboration with Ford, will expand access to Tesla's Supercharger network. This could make Tesla's charging model the standard in North America, putting pressure on competitors to adopt the same approach. Analyst Alex Potter projects that these deals could be worth $3 billion by 2030, which would increase Tesla's revenue and potentially positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100