Elon Musk Podcast cover image

Tesla charging network hold out Lucid motors says NO to TESLA NACS

Elon Musk Podcast

00:00

Tesla's NACS Agreements With Automakers

Tesla's agreements with automakers such as Rivian, General Motors, and Ford are double-edged swords. On one side, these automakers gain access to Tesla's extensive charging network. All on the other, Tesla unlocks a new revenue stream by selling power to an expanded demographic of EV drivers. The financial markets responded positively to these announcements, with Rivians shares rising by 5.5% and Tesla's stock going up 5.3%.

Play episode from 03:04
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app