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Hyundai is next considering joining Tesla's North American Charging Standards Alliance $TSLA-0.3%. My guess is that every EV manufacturer with any sense will end up in that alliance sooner or later.

TSLA

Tesla

TSLA
$176.19 -$0.56 -0.32%
Capital Structure
Market Cap
561.9B
Enterpr. Val.
563.8B
Valuation
P/E
45.8
P/S
6.0
Dividends
Yield
-
Payout
-

Tesla Superchargers make up about 60% of available fast chargers in the US, and Ford $F-1.0% and General Motors $GM-1.0% have in recent weeks entered into agreements with Tesla to use its charging technology, now dubbed the North American Charging Standard (NACS).


Tesla controls the chargers. They do this well

In this case, it's probably not entirely wise to go against the crowd. NACS will be like USB-C.

This is a smart move for Tesla... as much as I hate EVs, they're succeeding... :)

Well, he's probably not gonna want to build his

Again, good news for Musk, it makes sense and another possible income for Tesla, they could probably really make that $300 by the end of the year. 🤔😁

Now it's slowly starting to look real. She could break $300 under the right circumstances.

I'm starting to wonder if I should speculatively try

At this rate he'll give it a go by the end of the week but, this wasn't supposed to happen it's against all odds. Now, either a correction will come and it will go back to 230 or it won't, but I don't see any reasonable reason right now that will tip it anywhere. We'll see tomorrow 🤷‍♂️

Yes, it flies a lot but it's just Musk, he can work wonders with prices. Plus, with the Hyundai deal, it's going to help them out a bit more. I dare not say, but after today, even from a purely psychological point of view, the price will maybe get to that $300 and then it will crash, it seems to me like when maybe they were calculating the limits of how far it will go for btc, or when they were hyping the gamestop price. It's a difference, there wasn't the fundamentals behind it like Tesla has, but as I slowly i see the market from the other side, a lot of the psychology plays in then too. Well, we'll see. 😊

That makes sense, why build something from scratch and pay a lot of money for it when you can make a deal with your competitors to use their infrared.

It's a win win for all parties.

Does it not feel like Tesla is getting the better part of the deal here? To own most of the charging network, comes with a certain level of control.