All of Ford Motor Co.'s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.
Ford CEO Jim Farley and Tesla CEO Elon Musk announced the agreement Thursday during a “Twitter Spaces” audio chat.
“We think this is a huge move for our industry and for all electric customers,” Farley said.
Musk said he didn't want Tesla's network to be a “walled garden” and that he wants to use it to support sustainable transportation.
“It is our intent to do everything possible to support Ford and have Ford be on an equal footing at Tesla Superchargers,” Musk said.
Farley said there will be a cost to Ford owners, perhaps a monthly subscription, but he didn't give specifics. Details of any financial arrangement between Ford and Tesla were not announced.
At first, Ford's current electric vehicles will need an adapter to hook into the Tesla stations, which have their own connector. But Ford will switch to Tesla's North American Charging Standard connector with its second-generation EVs starting in 2025, Farley said.
Ford said Tesla's connector is smaller and lighter than those in use by other automakers.
Farley said Tesla's Superchargers have great locations.
“We love the locations. We love the reliability,” he said. They will join Ford's own Blue Oval charging network which has about 10,000 fast-charging stations, he said.
Ford EV owners will be able to access the Tesla chargers seamlessly with Ford's app, Musk said.
Tesla has about 17,000 Supercharger stations in the U.S. There are about 54,000 public charging stations in the U.S., according to the Department of Energy, but many charge much more slowly than the Tesla stations.
The Ford-Tesla deal is separate from a plan to open part of Tesla’s charging network to all EVs.
The chat between Musk, who last fall bought Twitter for $44 billion, and Farley came off without the embarrassing technical glitches that plagued Florida Gov. Ron DeSantis’ announcement Wednesday that he was running for president.
With Musk, DeSantis released the news that he would seek the Republican nomination, but the chat was delayed by glitches for nearly a half hour. Musk blamed it on straining of servers because so many were trying to listen in.
The Farley-Musk chat had a much smaller audience, than DeSantis, about 18,000 listeners at the start.
The number on the DeSantis chat topped out at 420,000, far from the millions who have watched televised presidential announcements. After the problems were fixed, the audience remained under 500,000.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
