Elon Musk Applauds Subaru's Decision To Adopt Tesla's Charging Standard: 'Cool'
Portfolio Pulse from Benzinga Neuro
Tesla CEO, Elon Musk, has expressed approval of Subaru's decision to adopt Tesla's North American Charging Standard (NACS) starting in 2025. This move is part of Subaru's larger goal of having 50% of total global sales to be Battery Electric Vehicles by 2030. Subaru's decision marks a significant step towards standardization in the EV charging infrastructure.
November 02, 2023 | 5:47 am
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POSITIVE IMPACT
Subaru's decision to adopt Tesla's charging standard is part of its larger goal of having 50% of total global sales to be Battery Electric Vehicles by 2030.
Subaru's decision to adopt Tesla's charging standard is a significant step towards its goal of having 50% of total global sales to be Battery Electric Vehicles by 2030. This could potentially boost its stock in the short term as it shows commitment to EV transition.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Subaru's adoption of Tesla's charging standard could solidify Tesla's position as a leader in the EV market and charging infrastructure.
Subaru's decision to adopt Tesla's charging standard signals a shift towards standardization in the EV charging infrastructure. This could solidify Tesla's position as a leader in the EV market and charging infrastructure, potentially boosting its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100