Tesla Won EV Charging. Now What?

By Travis Hoium – Jun 20, 2023 at 5:29PM

NASDAQ: TSLA

Tesla

Market Cap

$537B

Today's Change

(-1.11%) -$1.89

Current Price

$168.29

Price as of April 26, 2024, 4:00 p.m. ET

Automakers are lining up to use Tesla's EV plug.

Tesla (TSLA -1.11%) appears to have won the charging battle with major EV automakers lining up to use its charging standard. This is a big win for the company's effort to build a standard, but will it have an impact on the bottom line? Travis Hoium covers what we know in the video below and why this may be good for EVs as a whole.

*Stock prices used were end-of-day prices of June 16, 2023. The video was published on June 19, 2023.

Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.