Why Ford Stock Popped 26% in June

Shares of American automotive giant Ford Motor Company (NYSE: F) popped 26% last month, according to data provided by S&P Global Market Intelligence. The leading pick-up truck maker saw steady growth, stabilized selling prices, and announced a new charging partnership with in recent weeks.

As of this writing, shares of Ford are up 31% year to date (YTD), with the majority of this year's gains coming last month. 

As many know, any association with Tesla gets investors excited about a stock. So it is no surprise to see Ford's stock price soaring when its investor relations announced that Ford electric vehicles would be getting access to 12,000 Tesla superchargers in the United States. These fast-charging stations are spread out around the country and serve as the "gas stations" for electric vehicle owners when traveling long distances.

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Source Fool.com