Now, it's going to make a lot more sense for Tesla to roll out charging stations that much faster throughout the country." "Because if you look at Tesla sales they are highly concentrated on the coasts. "What's interesting about this is it does help Tesla underwrite the charging station expense," Wood said. What's more, though, Ark Invest CEO Cathie Wood, who is a long-time bullish Tesla investor, said on CNBC Friday that the Ford and GM partnership could also help fund the expansion of Tesla's 12,000-Supercharging network. He estimated the GM and Ford partnerships alone will generate an additional $3 billion to Tesla's services EV revenue by 2025. Ives, who has an outperform rating and a $300 price target on Tesla, likened Tesla's recent move to an "AWS moment" for Amazon or an "Apple Services moment" because the company will begin making more money via services. Tesla could generate $3 billion by opening its charging network Account icon An icon in the shape of a person's head and shoulders.
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