Shares of Tesla, Inc. (TSLA) is gaining 6 percent on Friday in the pre-market trade after General Motors Company (GM) decided to adopt Tesla Supercharger for its electric vehicles.
Tesla Supercharger is a 480-volt direct current fast-charging technology for electric vehicles.
Tesla is currently trading at $250.35, up 6.60 percent or $15.49, in its pre-market trading session. The stock had closed at $234.86 on Thursday's regular trading session, up about 10.29 percent. During the past 52- week period, the shares have traded between $101.81 and $314.67.
Starting in 2024, General Motors (GM) drivers will gain access to the Tesla Supercharger Network, with an initial requirement of using an adapter. By 2025, GM expects its electric vehicles (EVs) to feature a NACs inlet, enabling direct access to Tesla Superchargers.
The news comes two weeks after its deal to enable access for Ford vehicles to Tesla's charging network.
For comments and feedback contact: editorial@rttnews.com
