Why (Most) EV Stocks Had a Phenomenal Day Today
CHPTChargePoint(CHPT) The Motley Fool·2024-01-23 04:22

Despite plenty of positive headlines, many electric vehicle companies are struggling to make vehicles at scale and survive in 2024. One of the companies in survival mode is Fisker, which announced Monday that it had reached an agreement with its debtholders to reduce debt in exchange for equity in the company. This may seem like a small victory, but it does show that investors are still willing to give companies a runway to go after a slice of the EV market. The reaction among investors in other players els ...