Tesla Has 'Unique Knack' Of Getting Revenue Out Of Rivals, Says Former Ford CEO On EV Charging Shift
Portfolio Pulse from Shanthi Rexaline
Tesla has struck deals with General Motors and Ford, allowing their electric vehicles access to Tesla's charging infrastructure. Former Ford CEO Mark Fields sees this as a pragmatic move for all parties involved, with Tesla gaining revenue from its competitors and the legacy automakers benefiting from Tesla's dependable charging infrastructure.
June 13, 2023 | 10:00 am
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POSITIVE IMPACT
Ford's deal with Tesla to access its charging infrastructure could enhance the consumer experience and drive sales of Ford's electric vehicles.
By partnering with Tesla, Ford gains access to a dependable charging infrastructure, which could enhance the consumer experience for Ford's electric vehicle owners. This could lead to increased sales of Ford's electric vehicles in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
General Motors' deal with Tesla to access its charging infrastructure could improve the consumer experience and boost sales of GM's electric vehicles.
By partnering with Tesla, GM gains access to a dependable charging infrastructure, which could improve the consumer experience for GM's electric vehicle owners. This could lead to increased sales of GM's electric vehicles in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tesla's deals with GM and Ford to share its charging infrastructure could lead to increased revenue and a strengthened position in the EV market.
Tesla's partnership with GM and Ford allows it to gain revenue from its competitors while also solidifying its position as a leader in the EV charging infrastructure space. This could lead to increased revenue and a stronger market position for Tesla in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100