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HUGE NEWS: GM Partners with Tesla · Elon Musk Podcast

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  Hi everybody and welcome back to the Elon Musk podcast, your
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  go-to source, for all things related to the world of tech
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  electric vehicles, in the man himself, Elon Musk.
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  And in this episode, we're diving into the groundbreaking
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  announcement. That has everybody talking
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  General Motors strategic partnership with Tesla, from
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  superchargers to Twitter spaces, will Analyze This game-changing.
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  Collab. That's redefining the EV
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  landscape. Up.
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  And as the competition for electric vehicle dominance
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  continues to rev up, Detroit's renowned automaker General.
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  Motors is making a strategic move following the trail.
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  Blazed by its Crosstown rival. Ford Motors, GM has announced a
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  groundbreaking partnership with Tesla.
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  The Undisputed Global leader in electric vehicles.
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  This Alliance will integrate Tesla's Advance North American
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  charging Network and Technologies into GM's rapidly.
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  Expanding EV lineup in a deal that signals a Paradigm shift in
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  the electric automobile industry.
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  GM has decided to tap into Tesla's, extensive charging
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  Network adding a significant Advantage for its customers
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  starting next year, GM vehicles will be equipped with an adapter
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  that allows access to over 12,000 of Tesla's lightning-fast
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  superchargers across North America, through the Detroit.
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  Automakers, proprietary EV charging app now.
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  GM's partnership with Tesla. Also includes a substantial
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  technical change to its upcoming TV models.
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  Beginning in 20, 25 GM will abandon the current industry
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  standard combined charging system the Cs in favor of the
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  North American charging standard.
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  Anacs utilized by Tesla. This decision was initially
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  hinted at when Ford announced a similar transition, aligning
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  itself with Tesla's charging technology during an exclusive
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  interview with cnbc's. Phil Abode GM.
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  CEO, Mary Barra elaborated on the financial implications.
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  This Monumental deal the decision to ride on Tesla's.
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  Charging infrastructure is projected to save GM up to 400
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  million dollars. That's a significant portion of
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  its previously announced 750 million dollar investment aimed
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  at building out. An independent EV charging
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  Network. This strategic move, which
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  allows GM to leverage existing infrastructure instead of buying
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  from scratch and building everything on their own
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  illustrates the significant benefits of cooperating with in
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  the EV industry. Tree and the implications of
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  this deal extend beyond the confines of GM.
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  And Ford though, Tesla's collaborations with a to Leading
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  Detroit. Automakers, validate is charging
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  technology. I put pressure on others in the
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  industry, including the US government to follow suit with
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  the government investing billions and EV charging Network
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  expansion. The endorsement of Tesla's
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  technology by major industry players, could have far-reaching
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  effects on the future standardization of charging
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  infrastructure. Now, this shift in Industry
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  Dynamics was applauded by Wall Street analysts, who deemed the
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  Tesla Ford dealer, win-win last month upon the announcement of
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  the GM Tesla collaboration, both automakers stocks experienced a
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  roughly 3%, increase during after-hours trading on Thursday.
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  Now, the deal was announced by Berra and Tesla CEO Elon Musk
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  during a live audio discussion on Twitter spaces, highlighting
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  the increasing role of social media in business Communications
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  and the Up is a remarkable strategic pivot for GM.
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  Only a few weeks before when Ford publicizes own partnership
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  with Tesla, GM was engaging with SAE International and esteemed
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  engineering organization to improve the open connector
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  standard 40s. The decision to adopt Tesla's.
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  Nacs instead signifies GM's, willingness to adapt in order to
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  drive the adoption of Evie's on a mass scale bar a expressed her
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  excitement during the brief Twitter spaces discussion.
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  That this opportunity could solidify unified standard for
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  North America, a move that would further enable mass adoption for
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  EVS now, there was an element of novelty to this announcement.
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  The Twitter spaces conversation. Mark bar is first tweet since
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  October 27th and this was because she and GM had stopped
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  using the platform after musk became its owner GM.
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  Also ceased advertising on Twitter at that time.
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  Now, however, Barra mention in a post discussion, Interview with
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  CNBC that the company may consider reinstating, its
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  advertising on the platform. Indicating a potential thaw in
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  relations, the alliance between GM and Tesla much like Ford's is
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  expected to be mutually beneficial.
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  It will effectively double the access to fast chargers for GM
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  and Ford customers while simultaneously increasing the
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  utilization of Tesla's expansive network with Tesla Supercharger
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  stations, reportedly numbering about 5,000, Worldwide.
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  Possessing, roughly 45,000 supercharger connectors.
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  The partnership is set to boost the convenience and
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  accessibility for GM customers. Although the company hasn't
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  specified, how many of these are in the US Department of energy
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  asserts that the country has approximately 5,300 CCS fast.
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  Chargers now, Tesla had previously hinted at the
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  possibility of sharing his private charging network with
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  other EV manufacturers earlier this year, White House officials
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  announced that Tesla had committed To opening up 7,500
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  of, it's charging stations to non Tesla, EV drivers by the end
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  of 2020. For a during the Twitter spaces,
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  discussion must clarify, that there wouldn't be preferential
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  treatment for Tesla owners at the companies.
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  Charging stations. Saying, the most important thing
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  is that we've witnessed the electric vehicle Revolution musk
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  said, highlighting, an inclusive vision of an all even playing
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  field for every EV owner now. This stance, underscores Tesla's
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  commitment to the overall growth of EV Market instead of just
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  their own market share in their own Vehicles.
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  The public charging of EVS is a significant concern for
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  prospective buyers and no automaker other than Tesla has
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  successfully establish its own comprehensive Network to date.
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  Instead these automatic areas have historically formed
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  Partnerships with third-party companies which have often
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  proved unreliable and inconvenient for the owners of
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  the EVS Moc West Drive Hours, typically cover distances from
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  home to nearby locations, like work or to go get groceries.
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  However, the prospect of longer road trips or the lack of access
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  to a home-based charger. Presents a dilemma for
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  potentially V owners and the uncertainty surrounding access
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  to Dependable. Public charging can act as a
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  deterrent and by gaining access to Teslas extensive supercharger
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  Network. GM is addressing this anxiety.
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  Head on a strategic move likely to accelerate the adoption of
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  its EVS. Everyone else is Eevee's as
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  well. And the partnership could
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  provide GM with a much-needed boost to match or even exceed
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  test the level sales volumes in the electric vehicle segment.
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  Now GM's partnership with Tesla isn't Just A smart business
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  strategy though. It's a step toward the future of
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  transportation and it highlights the increasing importance of
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  collaboration in the EV industry as automakers collectively work
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  towards a sustainable electric future and as GM accelerates the
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  Action of it's fully electric vehicles.
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  This partnership solidifies Tesla's position is a valuable
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  Ally and a resource rather than a competitor.
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  Thanks for listening to the Elon Musk podcast today.
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  I appreciate your support and I appreciate you spending the time
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  here with me today. Now, if you could take a second
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  and hit the Subscribe or follow button on whatever podcast
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  platform you listening on right now.
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  That would be amazing, it would help the show tremendously.
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  So thank you for that. Also, please take care of selves
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  and each other and I'll see you in the next one. selves and each
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  other and I'll see you in the next one.