'Tesla Set To Access Up To $20B In Revenues From Supercharger Deals, Dan Ives Says' - Teslarati
Portfolio Pulse from Happy Mohamed
Tesla is expected to generate up to $20 billion in revenues from its Supercharger deals with Ford, General Motors, and other automakers, according to Dan Ives of Wedbush. The adoption of Tesla's North American Charging Standard (NACS) by these automakers is set to significantly boost Tesla's revenues. Ives also highlighted Tesla's strong production figures, thriving energy business, continuous improvement in Autopilot and Full Self-Driving, and an unmatched battery ecosystem as contributors to a strong financial sheet for Tesla.
August 25, 2023 | 4:17 pm
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POSITIVE IMPACT
Tesla's Supercharger deals with various automakers are expected to generate up to $20 billion in revenues. Other factors such as strong production, thriving energy business, and continuous improvements in Autopilot and Full Self-Driving also contribute to Tesla's financial strength.
The news about Tesla's potential revenue from Supercharger deals is positive and could lead to an increase in the company's stock price in the short term. The other factors mentioned by Dan Ives, such as strong production, thriving energy business, and continuous improvements in Autopilot and Full Self-Driving, also contribute to a positive outlook for Tesla.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100