Are there icicles hanging in hell right now?
There must be…
As it seems something that many said would never happen… IS happening.
Some of the biggest names in the auto industry are buddying up to Elon Musk…
Not to learn some big secret or to figure out his next big design – but to PAY him money for something he already has.
That’s right…
Not only is Big Auto buddying up to Elon… they’re paying him. Handsomely.
It was bound to happen…
He’s been steadily losing market share to every company that’s decided to board the EV train – so leave to Musk to figure out another way to profit.
Do you know what he did?
If not…
Keep reading to find out!
So, what’s going on?
If you were looking at the financial news – you’d see that General Motors (GM) became the latest carmaker to buddy up with Tesla (TSLA) last week.
What does this mean?
Ford (F) announced only a few weeks ago that it was cozying up to Tesla and accessing the OG EV maker’s sprawling charging network…
And now GM’s jumping on the electrified bandwagon by signing a similar deal and planning to adapt its cars for Tesla’s chargers.
That’s some trio: Ford, GM, and Tesla are the three biggest US players in the space…
Comprising about 70% of the country’s EV sales.
Tesla has effectively cemented itself as the industry standard for electric charging…
Which could convince more carmakers to join the club.
So, if any gearheads have been put off from buying another company’s EV due to the sparse charging spots…
This all-star network could be enough to make them see the LED light.
Have I told you how much I hate puns?
Anywho…
Why is this such big news?
Well…
Because analysts reckon the Ford and GM deals alone could buoy Tesla’s revenue up $3 billion over the next few years.
$3 BILLION…
Basically, for giving them access to electricity.
And while some pundits worry that Tesla’s charging stations could get backed up due to the influx of these new sign-ons…
The company can always build more.
Just spare a thought for companies that make their bread and butter from charging tech: ChargePoint Holdings (CHPT) and Evgo’s (EVGO) shares dropped after the news.
Everybody else, though?
They’ll be making out!
Investing guru Cathie Wood says Tesla’s self-driving and robotaxi tech makes the company today’s biggest AI play…
Thing is, that excitement might already be priced into the stock as Tesla’s up 130% this year, and its price-to-earnings ratio – is more than 7X higher than the likes of Ford and even sits around 40% higher than AI darling Nvidia.
So sure, Tesla might change the way the world drives…
But it’s certainly not your under-the-radar secret trade.
But General Motors’ partnership with Tesla signifies a MAJOR step forward for the EV industry…
And the establishment of a robust electric charging network truly is one of those forethoughts that truly puts Elon ahead of the rest.
With Ford, GM, and Tesla leading the way – other car manufacturers may be motivated to join the EV revolution.
Elon’s early investment in charging infrastructure may have been one of his smartest moves yet…
And if more come on – it’ll just add that much more $$$ to Tesla’s valuation.
This is why you NEVER bet against Elon…
Sure, he’s had some tumultuous times – but the guy sure does know how to get the most cash out of something.
Taking advantage of every available opportunity is what build Musk’s company…
And it’s what built up GorillaTrades reputation as one of the leading stock services in the world.
We’ve presented hundreds upon HUNDREDS of winning opportunities to our members…
Giving them the chance to make a lot of money in the process.
That’s why I’m urging you now to join GorillaTrades today…
Because you have to KNOW about the opportunity to take advantage of it – and our track record proves that our system gives us the inside track.
We’d love to have you with us for the next round…
But understand if you’d rather go it alone.
Either way – keep your eye on Tesla…
It could still put PLENTY of money in our pockets!
“For me it was never about money – but solving problems for the future of humanity.” – Elon Musk