What Does Tesla's Charging Deal With Ford, GM, and Rivian Mean for ChargePoint Stock?

By Parkev Tatevosian, CFA – Jul 18, 2023 at 4:00AM

NYSE: CHPT

ChargePoint

Market Cap

$538M

Today's Change

(0.79%) $0.01

Current Price

$1.27

Price as of April 26, 2024, 4:00 p.m. ET

Tesla's charging stations look to be the winner in the early stages of development.

Fool.com contributor Parkev Tatevosian highlights ChargePoint's (CHPT 0.79%) response to Tesla's (TSLA -1.11%) rampant deal-making activity.

*Stock prices used were the afternoon prices of July 14, 2023. The video was published on July 16, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.