Why ChargePoint Won't Turn a Profit for Years to Come
CHPTChargePoint(CHPT) The Motley Fool·2024-12-03 22:33

ChargePoint (CHPT -2.52%) is at the leading edge of the electric vehicle (EV) transition. Although it doesn't make vehicles, it does provide the vital charging products and services that are needed for widespread adoption of EVs. It is an exciting story in many ways, but there's a small problem that investors need to understand before they buy it. ChargePoint is bleeding red ink, and there's no sign that this is going to change anytime soon.What does ChargePoint do?Without getting too deep into the technolo ...