Tesla shares are trading higher amid strength in EV stocks and amid overall market strength following May CPI data. Ford and GM have recently made deals with the company for EV charging compatibility.
Portfolio Pulse from Benzinga Newsdesk
Tesla shares are trading higher due to strength in EV stocks and overall market strength following May CPI data. Ford and GM have recently made deals with Tesla for EV charging compatibility.
June 13, 2023 | 4:43 pm
News sentiment analysis
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POSITIVE IMPACT
Ford has made a deal with Tesla for EV charging compatibility, which may positively impact its stock price.
Ford's deal with Tesla for EV charging compatibility shows its commitment to the EV market and may positively impact its stock price as it expands its EV offerings and infrastructure.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
GM has made a deal with Tesla for EV charging compatibility, which may positively impact its stock price.
GM's deal with Tesla for EV charging compatibility shows its commitment to the EV market and may positively impact its stock price as it expands its EV offerings and infrastructure.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Tesla shares are trading higher amid strength in EV stocks and overall market strength following May CPI data. Ford and GM have recently made deals with the company for EV charging compatibility.
Tesla shares are trading higher due to the overall strength in the EV market and positive market sentiment following May CPI data. The recent deals with Ford and GM for EV charging compatibility further support Tesla's position in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100