Worksport And Stellantis Are Raising Their Games While Tesla Gets Closer To Changing The Industry Charging Standard
Portfolio Pulse from Upwallstreet
Worksport (WKSP) is applying for ISO 9000 certification for its manufacturing facility, while Stellantis (STLA) unveils a new tool to challenge Tesla (TSLA) and General Motors (GM) in the EV market. Hyundai (HYMTF) is considering joining Tesla in changing the American charging standard.
June 20, 2023 | 4:35 pm
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POSITIVE IMPACT
General Motors joins Tesla's charging network, potentially benefiting from the expanded charging infrastructure.
Joining Tesla's charging network could provide General Motors with access to a larger charging infrastructure, potentially increasing the appeal of its EVs and boosting its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Hyundai is considering joining Tesla in changing the American charging standard, which could benefit both companies.
If Hyundai joins Tesla in changing the American charging standard, it could lead to greater adoption of the new standard, benefiting both companies by increasing the appeal of their EVs and potentially boosting their stock prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Stellantis unveils a new tool to challenge Tesla and General Motors in the EV market, and partners with Foxconn to design and sell semiconductors for the automotive industry.
Stellantis' new tool and partnership with Foxconn could help it gain a competitive edge in the EV market, potentially increasing its market share and boosting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Worksport is applying for ISO 9000 certification for its manufacturing facility, which could boost its reputation for quality and attract more customers.
Achieving ISO 9000 certification would demonstrate Worksport's commitment to quality management systems, potentially attracting more customers and increasing demand for its products.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Tesla's delivery and production figures fell short, but its superchargers are gaining traction as Ford and General Motors join its charging network.
While Tesla's production figures are disappointing, the growing adoption of its superchargers by other automakers could offset the negative impact and maintain a neutral short-term effect on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100