3 Auto Stocks to Buy in June

07:54pm, Thursday, 08'th Jun 2023
These auto stocks could continue to rise this month as positive earnings estimate revisions have started to reconfirm they are undervalued considering their low P/E valuations.
Investors applauded the deal, and the prospect of one charging hardware standard for the North American market. GM shares rose more than 4% after the bell and Tesla shares rose 4%.
CEO Mary Barra says the move could help move the electric-vehicle industry towards a single North American charging standard.

GM to use Tesla's charging network for EVs

07:10pm, Thursday, 08'th Jun 2023
GM announced it has reached an agreement with Tesla to use the electric vehicle giant's Supercharger network as part of its plan to expand charging access for customers.
After the EV maker struck a similar deal with Ford, General Motors announced it has a deal with Tesla to allow access to the company's charging network, Yahoo Finance Live anchors Akiko Fujita and Sea
GM said in October 2021 it planned to spend $750 million on electric vehicle charging infrastructure in the U.S. and Canada.
CNBC's Phil Lebeau joins 'Fast Money' with Mary Barra, GM CEO, to discuss Tesla's new charging partnership with GM.
The electric car company, which operates the country's most extensive charging network, struck a similar deal with Ford Motor recently.
The partnership was announced through a Twitter Spaces broadcast with Tesla CEO Elon Musk and GM CEO Mary Barra.
CNBC's Phil LeBeau joins 'Closing Bell: Overtime' to report on GM's plan to integrate Tesla's NACs charging starting in its new EVs starting in 2025.
Markets rose, led by tech stocks, on expectations the Fed may pause raising interest rates at its meeting next week.
GM, like Ford, will begin installing a charging port used by Tesla, known as NACS, instead of the current industry-standard CCS in its EVs starting in 2025.
Eric Jackson, EMJ Capital founder, president and portfolio manager, joins 'Closing Bell' to discuss Tesla as the stock is trending higher today, how Tesla benefits from A.I. developments, and integrat
Ford Motor Company has decided to collaborate with Tesla, Inc., embracing its proprietary charging standard, which may lead other automakers to follow suit and boost Tesla's revenue from selling elect
Q1 2023 global plugin electric car sales were up ~25% YoY, well below the 2022 growth rate of 55%. This is seasonal and due to a slowdown in China sales. Key May 2023 trends include - China EV sales s
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