Should You Buy ChargePoint While More Money Is Going Out Than Coming In?
CHPTChargePoint(CHPT) The Motley Fool·2024-05-06 02:35

Like so many "good ideas", ChargePoint has a long way to go before it has built a sustainable business.ChargePoint (CHPT 9.21%) does something very important: It installs and provides services for electric vehicle (EV) charging sites. These are necessities if the world is going to shift from combustion engines to EVs. But there's one problem for investors: The company isn't profitable.Is now the time to buy ChargePoint while it remains in the red?ChargePoint has lots of pointsChargePoint has roughly 286,000 ...