ChargePoint Hits All-Time Low: Can It Recover?
ฝัง
- เผยแพร่เมื่อ 6 พ.ค. 2024
- ChargePoint's (NYSE: CHPT) has hit another all-time low today and shares don't seem to have any way to recover. In this video, Travis Hoium covers the fundamental problem with ChargePoint's operations and why options are running out.
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0:00 ChargePoint Hits All-Time Low: Can It Recover?
00:45 Falling Stock
01:52 Financial Metrics
03:09 Running Out of Options
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Still with Tesla stock, investors can never be sure what will happen next, bearish periods ultimately establish a new set of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
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The charging infrastructure that needs to be built in this Country and around the world is a humongous task and there is more than enough business to go around at decent margins. Furthermore, their Saas side of business is great data acquiring bank and opportunity to sell that info to Utilities and car manufacturers so to better optimize their products and services.
To me, this looks like that Tesla or Amazon moment before they went into a buckwild reversal. If nothing else, waiting for a short squeeze which should be coming soon.
Speaking of, it's interesting that you did not mention this stock having currently one of the highest short interest in the market, manipulation of highest order, more than likely utilizing naked shorting. This stock is owned predominantly by retail investors and the hedge fund bros are trying to shake us out knowing something big is coming for this stock in the near future.
Besides stating the obvious, I find your analysis subpar and one sided. I wondwr who else paid you to shill this very negative outlook? 🤔
Someone had to pay that bear 🐻
I live here in San Jose CA and everywhere i go i see nothing but ChargePoint stations. And I think they also cut 12% of their global workforce
The problem is, a lot of the analysts don't own EVs, and they are completely ignorant to the point that they couldn't even attempt a SWOT analysis. They don't understand the sector, the business model, the consumer, or the product, yet they analyze the company as though they do. There are absolutely some areas where ChargePoint needs to improve its operations, and I personally would be running the company in a very different way. However, that being said, I think you'd have to have your head in the sand to believe that they aren't going to be one of the key public charging providers moving forward. The short squeeze is likely to be very brutal for this one.
@@saul5716Most of the outside world is rejecting all things California these days, and EVs have proven to be WORSE for the environment than a well maintained, moderately efficient ICE, as well as nobody wanting the remote kxll switch liability that comes with EVs.
They have become a symbol of all things that the free world rejects about the fake "green" agenda.
6:22 I feel like you're still ignoring some key revenue streams for ChargePoint, including their partnership with Mercedes, potential partnership with Walmart, NEVI funding, and what also appears to be a partnership with Love's Travel Stops (again, one of the principal NEVI award winners). There's no question ChargePoint needs to improve the margins on their equipment, but it seems impossible at this point for their gross revenue to not continue to grow at a significant pace.
4:12 There is no "North American Charging Standard." That was Tesla's name for their proposal, but the standard is SAE J3400, which is based on a combination of PLC communications, CCS protocols, and a modified Tesla plug format. In terms of a difference, the devil is in the details. A majority of Tesla's charging locations are not designed for other EVs, they have relatively low power per stall (they were specifically designed to support Tesla's somewhat unique charging profile), and they lack 800 V support. Given that plus the fact that other charging providers are failing to reliably provide 500 A current at 800 V for the newer, higher power EVs coming to market, it does put ChargePoint in a unique position to service those vehicles specifically. Especially when we consider that ChargePoint was the first to deploy a proprietary SAE J3400 plug.
Oof, I'm down $2K in my initial stake 2 yrs ago of $2250 in my IRA. Should I cash out what's left and call it a day or ride this poor house into the ground? #DamnedifIdoDamnedifIdont. UGH!
Ride it out. Should get bought out soon
Ride it out. Don’t panic.
I'm waiting for a buyout amigo
@yak4life85 At this price I am almost ready to throw another $1K and 5x my stake in the stock just for 💩and giggles. Literally treat it like playing the crap table in Vegas. Not really a life savings amount. @TheRedcroatian made a good point about shorting the stock and there are still a lot of institutional holders hanging on.
Or maybe partnership with Gas stations and Hospitals around the Nation for Employees.cause by 2030 every car will be electric and we don't have enough chargers.
Once the infrastructure is built though, which is inevitable, don't you see profits in the distribution of said commodity?
No, I don't.
They will be fine. A bail out will come for charging. They can't let Tesla monopolize. They have plenty of contracts. Just waiting for infrastructure to catch up. The world is going ev. By 2030 you will see 60 to 40 of people driving ev
@@asymmetricinvesting Then, frankly, you don't understand the business. SaaS is a legitimate revenue stream, and CHPT's business model has a lot more in common with V and MA than you seem to realize.
Did they not get some deal with the Lexus SUV’s? Basically buy a Lexus EV and your now a chargepoint member?
such bad news.... bummer.
Que ka demanda de EV halla disminuido no significa que no se van a seguir construyendo cargadores para vehiculos electricos
The decreasing EV demand is just a myth, which is apparent by the Y-O-Y increases in EV sales and growth across the entire sector. The myth is primarily being driven by Toyota, which found itself way behind the ball and possibly too far behind to ever catch up (unless they can delay EV sales growth for about 4 to 5 years). Tesla is struggling, it's true, but that has little to do with EV demand. Also, Tesla is not (and really never has been) representative of the EV market as a whole, even though they are one of the largest individual companies by sales.
Probably a Car Company gone buy Charge Point. and start selling home chargers.
with the car.
Tesla earnings is gonna drive the ev market down or up today