California-based, emerging electric vehicle maker, Fisker (NYSE: FSR ) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ: TSLA ) to adopt the North American Charging Standard (NACS) starting in 2025.
This decision offers Fisker vehicle owners more charging possibilities by utilizing Tesla's extensive network of 12,000 Supercharger stations across the United States and Canada. The agreement covers all existing and forthcoming Fisker vehicle models.
Fisker joins rival automotive OEMs Ford (NYSE: F ), General Motors (NYSE: GM ), Mercedes Benz (ETR: MBGn ), Nissan (TYO: 7201 ), Polestar (NASDAQ: PSNY ), Rivian (NASDAQ: RIVN ), and Volvo (ST: VOLVb ) who have all announced their adoption of the Tesla standard.
Earlier this month, FSR reported second-quarter FY23 sales of $825,000, missing the analyst consensus of $20.40 million and EPS loss of ($0.25), beating the analyst consensus estimate of ($0.31).
Shares of FSR are up 1.44% in premarket trading Tuesday.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.