Tesla on track to equal longest winning streak after GM recharge deal


from Tesla the title is on course to equal its longest winning streak of 11 straight days in the green, should it end the day positively on Friday.

The last time the stock rose this long was in January 2021. The stock was up around 7% on Friday morning.

investment related news

CNBC Pro
Tesla’s charging partnerships with Ford and GM will accelerate green energy transition, says Cathie Wood

The footage follows Tesla’s announcement on Thursday that General Motors would join Ford to use its electric vehicle charging network to charge their cars. Both automakers now plan to start installing a type of charging port used by Tesla from 2025 instead of the current industry standard.

The deals are seen as a major win for Tesla, as they could pressure other automakers and the US government to adopt Tesla’s charging technology.

Subscribe to CNBC on YouTube.

WATCH: Elon Musk smashes automakers: Has Tesla cornered the EV charging station market?

[colabot2]

Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

PHP Code Snippets Powered By : XYZScripts.com
Scroll to Top