Tesla Jumps 2% as 30 Megawatts Build a Semi Beachhead
Source: GuruFocus.com ·
Three California depots expand freight infrastructure without revealing contract value, utilization or truck demand.
From the source
This article first appeared on GuruFocus . Tesla ( NASDAQ:TSLA ), the electric-vehicle and energy-infrastructure company, signed on as the charging operator for Forum Mobility's next three California freight depots Thursday, extending its charging technology deeper into commercial trucking. Shares gained nearly 2% to $364.43 . The valuation snapshot shows the stock trading 9.15% above its $333.88 GF Value, putting investors at a clear premium to the GuruFocus estimate. Warning! GuruFocus has detected 5 Warning Signs with TSLA. Is TSLA fairly valued? Test your thesis with our free DCF calculator. The new sites across northern and southern California will bring a combined 30 megawatts of heavy-duty truck charging capacity. The depots will pair Tesla's Megawatt Charging System with CCS connections and pull-through charging lanes designed for large commercial vehicles. Spread evenly, that headline capacity would work out to roughly 10 megawatts per depot, though Forum Mobility has not…