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ZnWC commented on a stock · Jun 16, 2023 04:07

Tesla’s EV charging standard is becoming widely adopted, in another boost for the stock

Quote:

Tesla Inc.’s fast-charging standard is becoming the predominant standard in the U.S., boosting Tesla’s stock and opening up new revenue streams for the electric-vehicle maker.

It would be impossible to quantify precisely how much additional revenue will be generated, he said, but charging was Tesla’s second-fastest-growing business segment last quarter on a year-over-year basis, accounting for about 8% of total revenue.

Source:

Tesla’s EV charging standard is becoming widely adopted, in another boost for the stock

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