ChargePoint Outpaces Tesla In EV Network Market Share, But JPMorgan Stays Cautious
1. ChargePoint leads U.S. EV charging with 32% market share and 70,000 ports. 2. JPMorgan adds ChargePoint to Short Ideas list citing demand recovery risks. 3. 2024 saw a record 40,000 new public chargers, outpacing EV sales growth. 4. Political risks could weaken EV tax credits, impacting consumer adoption. 5. Ongoing operational challenges noted in high capital expenditures and sluggish subsidies.