With EV chargers they are just trying to be in the stock market’s “hot sector”.
Their EV charger’s max prod. capacity is just 100 chargers a month which itself is still in the testing phase, after all hardships and if they work at 100% capacity utilization (super difficult) it will add at max. 7-8% to their topline and nothing more. There are many companies that aren’t listed and have been dedicated to EV chargers and stations for years now, so these guys will beat them?
Today’s market reminds me of the .com boom anything with EV, electric, solar is going up as if there’s no tomorrow. People aren’t even ready to look into the reality, as it might break the dream.
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