Elon Musk's Big New Tesla Announcement Paves the Way for GM, Future of EVs

Elon Musk's Big New Tesla Announcement Paves the Way for GM, Future of EVs

Not long after the May 25 announcement that Ford customers would be gaining access to Tesla's supercharging network came more big news: General Motors is now doing the same thing. The announcement that and would be teaming up came during a June 8 Twitter Spaces conversation between each company's respective CEOs -- Elon Musk and Mary Barra. Despite the magnitude of the arrangement, Deepwater Management analyst Gene Munster thinks the move helps out the competition more than it helps out Tesla.