The EV charging network builder has a lot to prove this year.
ChargePoint operates a portfolio of EV charging locations, which hasn't been as good a business as you might expect lately.
A short squeeze certainly helped.
China has only a toehold in the U.S. electric vehicle market, and this toe may now get squashed.
Like so many "good ideas", ChargePoint has a long way to go before it has built a sustainable business.
Could Tesla be handing its EV charging leadership to others?
Rivian, Nio, and ChargePoint could be great contrarian plays for patient investors.
Growth in EVs is slowing, and that's terrible news for ChargePoint stock investors.
The stock is in freefall and may not recover.
Tesla's layoffs and higher interest rates combined to make a rough week for EV and renewable stocks.