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Tesla May Have Just Unlocked a New, Profitable Revenue Stream


Competitors rarely work together in the business world. However, it recently happened when electric vehicle (EV) titan (NASDAQ: TSLA) and legacy automaker Ford shocked Wall Street by announcing a partnership that would let Ford customers plug into Tesla's supercharger network.

The announcement came from a recent Twitter-spaces event that Ford CEO Jim Farley participated in with Musk to discuss the electric vehicle industry. The partnership should make Ford's customers happy, but Tesla's shareholders could be the winners.

The development could eventually create a profitable revenue stream that could pad Tesla's coffers. Here is what you need to know.

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Source Fool.com

Tesla Inc Stock

€162.70
-1.820%
A loss of -1.820% shows a downward development for Tesla Inc.
Our community is currently high on Tesla Inc with 58 Buy predictions and 22 Sell predictions.
With a target price of 242 € there is a positive potential of 48.74% for Tesla Inc compared to the current price of 162.7 €.
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