Tesla Is Talking With Sheetz About Putting Chargers In Gas Stations


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Elon Musk is trying to revolutionize the way in which we conceive energy. Again.

According to the Washington Post, Tesla Motors Inc (NASDAQ: TSLA) has been holding "quiet talks" with Sheetz, often dubbed the Wal-Mart Stores, Inc. (NYSE: WMT) of convenience stores, to include electric-vehicle charging stations at its gas stations.

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Sheetz operates hundreds of stores and gas stations in the mid-Atlantic region, and does about $7 billion in business across six U.S. states. Moreover, it already offers non-Tesla electric vehicle charging in eight locations. An alliance with Tesla would make much sense, given the increasing popularity of the brand.

Sheetz's executive vice president of petroleum supply, Michael Lorenz, confirmed the talks in a recent interview, even though he added that they "haven't done anything yet."

For its part, Tesla declined to comment, although it acknowledged its intentions to expand its charging network quickly.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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