On Tuesday, Rivian (RIVN) announced a milestone agreement with Tesla (TSLA) to incorporate North American Charging Standard (NACS), previously known as the Tesla charging connector.
Mark Fields, former Ford CEO, and Brian Moody, AutoTrader.com executive editor, join 'Last Call' to discuss Rivian joining Tesla's EV charging network, the state of the EV space, and more.
Markets were generally lower on Tuesday. Rivian and Tesla both saw their shares rise on their deal to adopt Tesla's charging standard and open access to its Supercharger network.
The innovative EV company is making progress on a number of critical factors that are setting it up for a great year in 2024.
Rivian shares rose after it joined other EV makers in adopting Tesla's charging station standard.
Shares of Rivian Automotive Inc (NASDAQ: RIVN) are keeping resilient even though the EV maker lost its spot on the Nasdaq 100 on Tuesday. Why are Rivian shares up on Tuesday?
A deal recently inked by Rivian Automotive and Tesla will open up the Elon Musk-run company's Supercharger network in North America to the EV startup.

Why Rivian Shares Jumped This Morning

12:38pm, Tuesday, 20'th Jun 2023
Rivian will adopt Tesla's charge ports as standard beginning in 2025 and for its next-generation platform. Rivian reportedly held a one-day factory sale on Saturday.
Rivian, the electric truck and SUV company backed by Amazon, announced on Tuesday that it will join Ford and General Motors in adopting Tesla's so-called North American Charging Standard (NACS).
Rivian's stock hit a two-month high Tuesday morning, after it announced plans to allow drivers to use Tesla's massive North American charging network.
Rivian drivers will have access to Tesla's network of more than 12,000 Superchargers in 2024. Is Rivian stock a buy?
Tesla Inc's (NASDAQ:TSLA) network of electric vehicle chargers will be available to drivers of trucks made by Rivian Automotive Inc (NASDAQ:RIVN) from next year after the two companies signed an ag
Rivian (NASDAQ: RIVN ) stock is in the news Tuesday as investors react to the EV company joining Tesla's (NASDAQ: TSLA ) charging standard. According to Rivian, it's making the switch to Tesla's charg

Rivian to adopt Tesla's NACS charging standard

09:27am, Tuesday, 20'th Jun 2023
Rivian is the latest automaker to jump on Tesla's charging standard, the North American Charging Standard (NACS). This comes just weeks after Ford and General Motors announced that their upcoming elec
Rivian announces it will adopt the Tesla charging plug and technology. Rivian owners also will be able to charge at Tesla's network of superchargers.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE