If You Invested $1,000 In Tesla Stock When Tesla Superchargers Were Unveiled, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
Ford and General Motors announced partnerships with Tesla for its Supercharger charging station network, potentially increasing Tesla's future revenue and earnings. Piper Sandler analyst Alex Potter estimates the opportunity for GM and Ford alone could represent $3 billion in additional revenue for Tesla by 2030 and $5.4 billion by 2032.
June 20, 2023 | 9:01 pm
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Ford's partnership with Tesla for access to the Supercharger network could make the transition to electric vehicles more seamless for Ford customers and help move the industry toward a single North American charging standard.
Ford's partnership with Tesla will provide its electric vehicle owners with access to Tesla's Supercharger network, making the transition to electric vehicles more seamless for customers. This partnership could also help move the industry toward a single North American charging standard, which would be beneficial for Ford in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
General Motors' partnership with Tesla for access to the Supercharger network could make the transition to electric vehicles more seamless for GM customers and help move the industry toward a single North American charging standard.
General Motors' partnership with Tesla will provide its electric vehicle owners with access to Tesla's Supercharger network, making the transition to electric vehicles more seamless for customers. This partnership could also help move the industry toward a single North American charging standard, which would be beneficial for GM in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Rivian announced it will give its users access to Tesla's Supercharger network, potentially increasing the convenience and adoption of Rivian's electric vehicles.
Rivian's announcement of providing its users access to Tesla's Supercharger network could increase the convenience and adoption of Rivian's electric vehicles. This partnership could have a positive impact on Rivian's stock in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Tesla's partnerships with Ford and GM for its Supercharger network could lead to increased future revenue and earnings, with an estimated $3 billion in additional revenue by 2030 and $5.4 billion by 2032.
The partnerships with Ford and GM will increase the utilization of Tesla's Supercharger network, leading to higher revenues. The estimated additional revenue of $3 billion by 2030 and $5.4 billion by 2032, as mentioned by Piper Sandler analyst Alex Potter, indicates a positive impact on Tesla's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100