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ChargePoint Holdings Inc CHPT

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ChargePoint Holdings, Inc. is an electric vehicle (EV) charging technology solutions provider. The Company designs, develops, and markets networked electric vehicle charging system infrastructure (Networked Charging Systems), connected through cloud-based services (Cloud Services) which enables charging system owners, or hosts, to manage their Networked Charging Systems, and enable drivers to locate, reserve and authenticate Networked Charging Systems, and to transact EV charging sessions on those systems. The Company’s Networked Charging Systems, subscriptions and other offerings provide an open platform that integrates with system hardware from ChargePoint and other manufacturers, connecting systems over an intelligent network that provides real-time information about charging sessions and full control, support, and management of the Networked Charging Systems. This network also provides multiple Web-based portals for charging system owners, fleet managers, drivers, and utilities.


NYSE:CHPT - Post by User

ChargePoint Holdings Inc > What is the matter with this stock?
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Comment by Cowboyinvestoron Sep 04, 2022 12:22pm
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Post# 34940807

RE:RE:What is the matter with this stock?

RE:RE:What is the matter with this stock?The problem with this type of stock is simple!  A week ago, the State of California passed a law that bans the sale of cars and trucks that run on gasoline or diesel beginning in 2035. The law is designed to force Californians to buy electric vehicles, EVs. Then a few days later, California warns citizens that the power grid is unstable, rolling blackouts may be needed, and bans the charging of EVs! Both proclamations are the result of stupidity. The fact that they came together so closely in time is no coincidence. I actually think midterms may help in the long term if republicans get control. There will be a more stable approach to energy the the current no plan nutbar. Like it or not natural gas, nuclear and coal currently fuel energy including charging stations. Solar and wind are way too unstable.  
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