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In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why pure-play electric vehicle charging stocks EVgo (EVGO -2.90%) and ChargePoint (CHPT -2.13%) might look appealing but have serious flaws investors should know about, and why they may struggle to compete against Tesla and others with more diversified businesses.

*Stock prices used were from the afternoon of Jan. 8, 2025. The video was published on Jan. 10, 2025.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
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X@thesmattering

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

EVgo Stock Quote
EVgo
NASDAQ: EVGO
$1.34
(-2.90%)-$0.04
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---% Avg Return
Tesla Stock Quote
Tesla
NASDAQ: TSLA
$357.45
(-3.94%)-$14.66
ChargePoint Stock Quote
ChargePoint
NYSE: CHPT
$8.74
(-2.13%)-$0.19

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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