Texas To Require EV Charging Companies To Include Tesla's NACS Standard As Well As Ccs To Join State Program Using Federal Funds
Portfolio Pulse from Charles Gross
Texas will require EV charging companies to include Tesla's NACS standard and CCS to join the state program using federal funds, according to Reuters.

June 20, 2023 | 9:34 pm
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Texas' requirement for EV charging companies to include Tesla's NACS standard may increase the accessibility of Tesla charging stations.
The news directly mentions Tesla's NACS standard being required for EV charging companies to join the state program using federal funds. This requirement will likely increase the accessibility of Tesla charging stations in Texas, potentially leading to increased sales and positive sentiment for the company. As a result, TSLA's stock price may experience a short-term positive impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100