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Tesla The stock is on track to match its longest winning streak of 11 consecutive days in the green, if it ends on a positive Friday.
The last time the stock went up for a long time was in January 2021. The stock was up about 7% as of Friday morning.
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The line follows Tesla’s announcement on Thursday that general motors will join stronghold In using the electric vehicle charging network to charge their cars. Both automakers now plan to start installing the type of charging port that Tesla uses starting in 2025 in place of the current industry standard.
The deals are a big win for Tesla because it could put pressure on other automakers and the US government to adopt Tesla’s charging technology.
WATCH: Elon Musk Checkmate for Automakers: Has Tesla Cornered the Market in EV Charging Stations?
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