Tesla CEO Elon Musk doesn’t appear to feel threatened by Ford and GM. In fact, he might view them differently. as customers.
Two of the Legacy carmakers Recently, it was announced that electric vehicle owners would be able, beginning early next year to use Tesla Supercharger stations. It could attract some potential customers to buy an a Tesla Purchase a Ford or GM EV.
But Dan IvesWedbush analyst sees something more. TeslaHe believes that he is only just beginning to sell access to its The infrastructure, technologies and the an “AWS moment” It is now at your fingertips.
AWS stands for Amazon Web Services. It was a high-risk bet that turned out to be incredibly successful. What has become a major cloud computing platform began as Amazon built its own internal cloud out of necessity. Amazon made a smart business decision by selling access to infrastructure that it developed. The move surprised the company as well as outsiders. its success—and making then CEO Jeff Bezos even wealthier.
Today, Tesla has infrastructure and technology it’s likewise developed for its Legacy for own use carmakers You can benefit from as well.
“I believe this is just the first step,” Ives told CNBC On Friday, “It’s starting with Superchargers and, ultimately, I think the next step could be battery technology. I think that’s the golden goose right now is that they’ve built the castle [and are] waiting for others to call.” He noted that GM’s Mary Barra and Ford CEO Jim Farley made the decision.
Superchargers may help GM or Ford to sell more electric cars. Ives suggested that’s just fine with Tesla: “My view is that Musk needs GM and Ford actually to be successful for the broader EV vision, in terms of just adoption in the United States.”
Musk is back this week tweeted The following are some examples of how to use Tesla “aspires to be as helpful as possible to other car companies” It is “enabling other companies to use our Supercharger network. Also happy to license Autopilot/FSD [full self-driving] or other Tesla technology.”
Ives You can also read about the importance of this in our article Tesla You could earn billions by using its Ford and GM charging partners in the coming years and that company just starting to generate revenue from services. He was referring to two carmakers as Early “ambassadors” You can also find out more about the following: Tesla’s plan of granting access to its technology.
Piper Sandler calculated in a research report that Tesla Charges from non-payment could generate up to 3 billion dollars in revenuesTesla By 2030, owners will have $5.4 billion and by 2032 they’ll be worth $5.4 billion.
These federal and state incentives can also be used to help. Tesla Expand your mind with this: its Charging network
Tesla shares are up 126% year to date, helping Musk reclaim the title of the world’s richest person.
“From batteries to Superchargers to storage—the sum-of-the-parts thesis is now starting, I believe, in the early stages to play out with investors,” Ives said.