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Ford, Tesla Shares Rise After Unveiling EV Charging Partnership

A new partnership with Elon Musk and Tesla has Ford Motor shares surging!

Ford said Thursday that its electric vehicle customers will have access to more than 12,000 Tesla rapid charging stations across the U.S. and Canada, beginning next year. Investors liked what they saw.

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Ford stock was up more than 7% on Friday morning, good for one of the best performances in the S&P 500.

Ford shares are now up about 5% this year.

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Tesla shares were up more than 3% on Friday and have advanced about 55% in 2023.


Image: Tesla