ChargePoint, EVgo stocks fall after Tesla and GM ink charging deal

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Shares of some electric-vehicle charging companies were moving lower in Friday’s premarket trading after Tesla Inc. said it would open its charging network...

Shares of some electric-vehicle charging companies were moving lower in Friday’s premarket trading after Tesla Inc. TSLA said it would open its charging network to General Motors Co. GM ChargePoint Holdings Inc. shares CHPT were down more than 3% premarket, while EVgo Inc. shares EVGO were down more than 4%. Blink Charging Co.’s stock BLNK was down 0.5%. GM said Thursday that owners of its cars would have access to a network of 12,000 Tesla “Superchargers” within North America.

... Shares of some electric-vehicle charging companies were moving lower in Friday’s premarket trading after Tesla Inc. TSLA said it would open its charging network to General Motors Co. GM ChargePoint Holdings Inc. shares CHPT were down more than 3% premarket, while EVgo Inc. shares EVGO were down more than 4%. Blink Charging Co.’s stock BLNK was down 0.5%. GM said Thursday that owners of its cars would have access to a network of 12,000 Tesla “Superchargers” within North America.

 

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