Tesla’s EV charging standard is becoming widely adopted, in another boost for the stock

Tesla Inc.’s fast-charging standard is becoming the predominant standard in the U.S., boosting Tesla’s stock and opening up new revenue streams for the electric-vehicle maker.

Tesla shares TSLA are looking at a gain of more than 5% this week, adding to an already spectacular May and June, with the stock up nearly 60% from the end of April. It has doubled so far this year, compared with an advance of about 14% for the S&P 500 SPX.