What Does Tesla's Deal With Ford Mean for ChargePoint?

By Parkev Tatevosian, CFA – Jun 7, 2023 at 6:57PM

NYSE: CHPT

ChargePoint

Market Cap

$762M

Today's Change

(3.45%) $0.06

Current Price

$1.80

Price as of May 22, 2024, 4:00 p.m. ET

Tesla inked a deal with Ford that allows the latter to use its charging stations.

Fool.com contributor and finance professor Parkev Tatevosian considers what Tesla's (TSLA -3.48%) deal with Ford (F -0.99%) could mean for ChargePoint Holdings (CHPT 3.45%) stock investors.

*Stock prices used were the afternoon prices of June 5, 2023. The video was published on June 7, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.