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