From Nasdaq:

-Blink Charging Shares dropped 10.8% in Wednesday trading because investors are no longer interested in paying “lofty valuations” for charging stocks
-As electric car sales slow, the high cost of building out charging networks is keeping many charging companies, including Blink Charging, from profitability
-Tesla’s Supercharger network is creating a competitive landscape for other charging companies like Blink
– EV owners report they’ve been unable to charge their cars due to charging stations being broken, Tesla’s record of reliability is closer to 97% while Blink placed dead last in this survey
– The Motley Fool Stock Advisor team identified their best stock picks, but Blink Charging wasn’t one of them.



Read more: Why Blink Charging Stock Lost Its Charge Today