20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
California-based EV startup Rivian Automotive Inc (NASDAQ:RIVN) warned against the use of third-party adapters at Tesla superchargers in the latest volume of its owner newsletter.
What Happened: All Rivian vehicles have a Combined Charging System (CCS) charge port, necessitating the use of an adapter to charge on Tesla’s supercharger network equipped with North American Charging Standard (NACS). Rivian is currently looking to provide its drivers with adapters free of charge.
The company informed vehicle owners in its newsletter that Tesla prohibits the use of third-party adapters at its superchargers, thereby necessitating the use of Rivian-provided adapters alone at the sites.
Rivian said that it will reach out to all of its existing customers in April and on the customer confirming interest, the company will reach back when the adapter is ready to be shipped. Future customers will be contacted separately about the adapter, it added.
Besides having an adapter, Rivian drivers must also have valid payment information in their Rivian account, the company said.
Why It Matters: Rivian drivers in North America gained access to Tesla’s supercharger network in March on the heels of Ford EV owners.
Rivian will start incorporating Tesla’s charging standard into its vehicles starting in 2025, following which an adapter will no longer be required to charge on the supercharger network.
Tesla’s more than 15,000 superchargers across North America, the EV giant says, make up three out of every four fast chargers in the geography.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read More: Tesla Model Y Gets $1,000 Price Hike Across The Board In The US
Image VIa Shutterstock
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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