From Nasdaq.:

Investors are looking at alternatives to Tesla, such as Blink Charging and ChargePoint Holdings, as the EV industry faces challenges. Blink has been expanding its EV charging infrastructure and has strong strategic collaborations. The company’s revenue soared by 152% year-over-year in the third quarter, and it aims to achieve adjusted EBITDA breakeven by the end of 2024.

ChargePoint, despite facing a bleak third quarter, is expected to increase its revenue by 9.4% to $512 million in fiscal 2024. It is also taking steps to cut costs by reducing its global workforce. Wall Street analysts predict a potential upside of 268% for Blink Charging stock and 88% for ChargePoint Holdings stock over the next 12 months.



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