SEANA SMITH: We will see how this all plays out. So there is a possibility for that to be the next standard. Why not use that NACS standard that seems to work well. Tesla will live on its own like it's always been doing that for over the past 10 years.īut now with Ford joining forces with them, it makes you really kind of think it's possible maybe a Hyundai or a Kia, someone like that, says, you know what? We want to actually hop on that service, too, and not rely upon our own cobbled together networks of like ChargePoint, EVgo, Electrify America, all these different players that sort of don't work together very well. Before this Ford deal, I would have said the CCS universal standard will probably be the main one. PRAS SUBRAMANIAN: Yeah, I mean, this is sort of- a Bloomberg writer said, this is like a Betamax versus VHS situation, where there's two competing standards. There's two very different ways to charge EVs, which you would think could potentially limit adoption at some point. Because there has been this massive push, obviously, for a universal charging experience, yet you still have two big players. SEANA SMITH: Well, what do you think happens to that? Because I think that's a big question that everyone's asking right now. But the big question is, what happens to the universal CCS standard that you see right there that GM and other people use. Maybe $1 to $3 billion in revenue down the line when this is kind of up and coming up and going and other manufactures may hop in on there. It unlocks some incremental revenue for them. So I see why they did it.įor Tesla itself, also a good move. They're always working, and they have plenty of actually chargers. GM, sorry, Ford CEO Jim Farley said this is a good move, because they think their customers are complaining about reliability and ease of use, and the Tesla network has those kind of situations solved. So a big deal in the sense that these two rivals joined forces together. All new Ford EVs will have the Tesla NACS or North American Charging Standard plug natively built into that car, meaning that car will be able to go to any supercharger without an adapter and start using those natively right away. Starting next year, they'll be able to use Ford EVs using the Tesla supercharger network, which is 12,000 superchargers in the US.Īnd then in 2025, even bigger news. Ford joining forces with, essentially, is its rival, Tesla there. People were surprised by the actual move itself. PRAS SUBRAMANIAN: mean, this deal was announced ahead of the holiday weekend. Now, the recent deal putting two of the biggest US auto companies on Tesla's charging network, and Pras, this really raises the question just about the future of EV charging and what could potentially maybe be the standard, if it's going to be Tesla superchargers. Ford's EV customers will be able to use thousands of Tesla superchargers starting next spring. In late May, Ford jolted the EV charging space after its game-changing agreement with its rival, Tesla. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number.

He has served as CEO since 2008.SEANA SMITH: Well, shifting gears now to the world of electric vehicles. Net Worth Current and historical p/e ratio for Tesla (TSLA) from 2010 to 2023. In February 2004, via a $6.5 million investment, Elon Musk became the largest shareholder of the company. The company's name is a tribute to inventor and electrical engineer Nikola Tesla. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 6.5 gigawatt-hours installed in 2022. Through its subsidiary Tesla Energy, the company develops and is a major installer of photovoltaic systems in the United States. In 2022, the company had the most worldwide sales of battery electric vehicles, capturing 18% of the market. (TSLA), TotalEnergies SE (TTE) and Intuitive Surgical, Inc. Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. Tesla is one of the world's most valuable companies and, as of 2023, is the world's most valuable automaker. Top Research Reports for Tesla, TotalEnergies & Intuitive Surgical. Tesla designs and manufactures electric vehicles, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. is an American multinational automotive and clean energy company headquartered in Austin, Texas.

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