Tesla jumps as GM deal makes its charging network closer to US standard


A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt France  January 12 2019. REUTERSPascal Rossignol

A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt, France, January 12, 2019. REUTERS/Pascal Rossignol

(Reuters) -Tesla shares closed 4% higher on Friday after General Motors joined Ford in agreeing to use its electric-vehicle charging network, a big win that analysts said could make Tesla Superchargers an industry standard in the United States.

The rare partnership among three of the biggest U.S. automakers ensures that more than 60% of the country's EV market can access Tesla's North American Charging Standard (NACS), which should make it the primary network in the country.

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