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Stock impact report

Where Will ChargePoint Be in 1 Year? [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
A realization that the EV revolution will take longer than originally anticipated, and legitimate concerns about a slowing economy and the effects of tariffs, have sent EV stocks tumbling. ChargePoint (NYSE: CHPT) , which makes EV charging hardware and software, has not been immune. Its share price has fallen 58% over the past six months as of this writing (April 4). Some investors may be wondering if the company's stock might soon bounce back, but I'm skeptical. Here's why the next 12 months could be difficult for ChargePoint. Let me get this out of the way first: I'm a long-term believer in EVs. I own shares of Rivian, and I think the transition to electric vehicles will happen eventually. Let me reemphasize the eventually in that sentence, though. Anyone who keeps up with the EV industry knows just how difficult it's been to make the transition happen. Traditional automakers that once touted their new EV models and committed to millions of electrified sales by some future d Show less Read more
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