EQS EQS (V297) sedan

The death of Chargepoint?

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Old Feb 26, 2025 | 03:16 PM
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The death of Chargepoint?

So
This popped up in my feed and I thought it interesting since are EV charging financing goes thru ChargePoint. Plus I happen to own some ChargePoint Stock (silly me...) It seems like the real issue for them is the amount of level 1 and level 2 chargers that have become virtually extinct. In my area I never see them being occupied.
If this death does occur I wonder what will happen with the MB relationship. It seems they are tied at the hip. Even with the Tesla charges are coming thru them at the moment.
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Old Feb 26, 2025 | 03:39 PM
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TL/DR.. I couldn't watch all of that. Institutions own 48% though and price to sales is .62 which I think makes it an attractive takeover target. It's really the only network large enough to compete against Tesla.

That said, wish I hadn't bought shares, again. Some people just never learn. They just keep saying the wrong things. Reverse split is at least six months away from being necessary. All they got was a warning from the NYSE. But he just had to bring up every traders' worst nightmare as a possibility. That really didn't help. Anywho, I'm over CHPT.
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Old Feb 26, 2025 | 07:09 PM
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Did you physically check the charger station that is not occupied? Most of the ones around me have their cable cut off, so of couse there is no one using it lol
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Old Feb 26, 2025 | 08:33 PM
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The ChargePoint chargers in front of Target that are completely free while you shop always seem in good condition. Only problem is inbred rednecks with black soot spewing diesel trucks seem to think it's funny to park in front of them.
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Old Feb 26, 2025 | 08:48 PM
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Who still shops at TarJay?
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Old Feb 26, 2025 | 09:01 PM
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Target gallon jugs of bottled water are cheaper than Kroger's and they're identical.. plus FREE GAS, er, um free electrons anyways. Yeah, nobody is giving away free gas. But some people still prefer to daily drive a dually. That's why I'm convinced IQ is inversely proportional to truck size. Same way people who drive supercars are compensating for small wieners, big truck drivers are compensating for their tiny brains.
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Old Feb 26, 2025 | 10:24 PM
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Originally Posted by bmxtreme
Did you physically check the charger station that is not occupied? Most of the ones around me have their cable cut off, so of couse there is no one using it lol

There are literally like 20 level 1 and level 2 ChargePoint chargers near me. I have actually seen most of them up close. All in working order and I have yet to see more than 2 of them occupied.
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Old Mar 3, 2025 | 07:54 AM
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Earnings are expected after market closes tomorrow. ChargePoint has plenty of cash and unused credit so it won't be make or break for the company but their stock sure is in the crapper. If it pops I'm out.
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Old Mar 4, 2025 | 01:58 PM
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Originally Posted by GreasedFolgore
That's why I'm convinced IQ is inversely proportional to truck size. Same way people who drive supercars are compensating for small wieners, big truck drivers are compensating for their tiny brains.
My son, who works for a large CAT dealer, DDs his F250 (not a dually) because he has customers with job sites in DFW, Corpus Christi, and everything in between. His big diesel will probably get 250K trouble free miles before he has to trade it, in a year or so, and he drives in EQS-type luxury, relatively. And he can haul parts and tow trailers. He is a pretty smart guy, BTW. There could, actually, be things you don't know?
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Old Mar 4, 2025 | 02:15 PM
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Originally Posted by hlothery
There could, actually, be things you don't know?
Why sure, people often confuse intelligence and wisdom. You're born with the first but have to work/study/acquire the second.



Nobody in the USA is buying cars PERIOD right now, not gas, diesel or electric. But if it makes you feel better believing it's just an EV thing because that's what you heard on fake TV news then feel free to keep living in your smoggy and polluted fantasy world.
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Old Mar 4, 2025 | 03:05 PM
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Originally Posted by GreasedFolgore
Why sure, people often confuse intelligence and wisdom. You're born with the first but have to work/study/acquire the second.



Nobody in the USA is buying cars PERIOD right now, not gas, diesel or electric. But if it makes you feel better believing it's just an EV thing because that's what you heard on fake TV news then feel free to keep living in your smoggy and polluted fantasy world.
Wow.
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Old Mar 4, 2025 | 09:13 PM
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Nothing is certain in life except death. Yet, health care spending is done. Where's the intelligence in that?
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Old Mar 4, 2025 | 10:07 PM
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ChargePoint's numbers were pretty good considering the overall environment. I have a little more faith in management now. Guess I'm going to hold onto my shares.

Yeah, it's easy to blame inflation and for sure Americans are paying a lot more for housing, as shown on chart, above. But there's also a lot of animosity out there against dealers who consumers feel gouged them during the pandemic. Just check out some of the video on YouTube about the car market. Some of the reviewers are absolutely delighted that dealers have lots full of overpriced vehicles they can't sell. They see it as justice.

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Old Mar 5, 2025 | 07:58 AM
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Originally Posted by GreasedFolgore
Target gallon jugs of bottled water are cheaper than Kroger's and they're identical.. plus FREE GAS, er, um free electrons anyways. Yeah, nobody is giving away free gas. But some people still prefer to daily drive a dually. That's why I'm convinced IQ is inversely proportional to truck size. Same way people who drive supercars are compensating for small wieners, big truck drivers are compensating for their tiny brains.
Ah yes, the crossover owner—clearly the pinnacle of confidence and intelligence.
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Old Mar 5, 2025 | 08:11 AM
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Originally Posted by QuadBenz
Ah yes, the crossover owner—clearly the pinnacle of confidence and intelligence.

Just yesterday I saw one of these losers in a big dualie pickup truck on I4 near Orlando heading west. This joker had GIANT dualies on his Ford F something or other with a massive custom suspension system. To add to how much of an apathetic loser he was....he was towing a pathetic boat too...so much of a loser he felt the need to have SIX 450 Verado engines! What a pathetic tool! I mean, what loser needs $300,000 in engines on his boat?

I am sure that an EQS could have towed the boat...with a nice trollin motor to scoot it along.....
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Old Mar 5, 2025 | 09:17 AM
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Originally Posted by OldManAndHisCar
SIX 450 Verado engines!
Now that’s bad ***! Daaaammmnnnn.
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Old Mar 5, 2025 | 09:33 AM
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Well, I think if a $16,800 EV like the Xpeng Mona M03 sedan was available in the US people would have gone green in a heartbeat. Not to save the planet so much as save their bank account. Even with Trump's 25% tariff the price looks attractive. That's why Biden had to raise the tariff to 100%. Now fake TV news is saying Trump is going to make the price of cars go up. Yeah, right! The trick to economies of scale is keeping your factories working at full capacity. Only reason Mercedes can get away with selling a few overpriced G wagons is because Magna makes them and the same factory makes other cars for other brands too. A lot of legacy automakers will disappear in the next five years if you ask me. Probably starting with the two that I own, Jaguar and Maserati, but oh well...
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Old Mar 5, 2025 | 09:40 AM
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Originally Posted by OldManAndHisCar
Just yesterday I saw one of these losers in a big dualie pickup truck on I4 near Orlando heading west. This joker had GIANT dualies on his Ford F something or other with a massive custom suspension system. To add to how much of an apathetic loser he was....he was towing a pathetic boat too...so much of a loser he felt the need to have SIX 450 Verado engines! What a pathetic tool! I mean, what loser needs $300,000 in engines on his boat?

I am sure that an EQS could have towed the boat...with a nice trollin motor to scoot it along.....
I hear you... but why so much judgement? Especially based on one's choice of vehicle? I think that's unfair. Let them enjoy their life while you focus on enjoying yours.
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Old Mar 5, 2025 | 10:20 AM
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Originally Posted by QuadBenz
I hear you... but why so much judgement? Especially based on one's choice of vehicle? I think that's unfair. Let them enjoy their life while you focus on enjoying yours.
Let them enjoy their selfish life while kids with asthma are gasping for breath? Nah, but I'll happily let them enjoy the lung cancer they're going to get from breathing diesel exhaust fumes. Just please don't bother me asking for donation to cover your treatment. I'm too busy having fun to care.
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Old Mar 5, 2025 | 12:11 PM
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Originally Posted by QuadBenz
I hear you... but why so much judgement? Especially based on one's choice of vehicle? I think that's unfair. Let them enjoy their life while you focus on enjoying yours.
I think he was being sarcastic and just poking fun at a few of the tree-huggers on here.
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Old Mar 5, 2025 | 02:18 PM
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Originally Posted by emailforbrett
Now that’s bad ***! Daaaammmnnnn.
True, but do you really need 6 engines in the Orlando area?
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Old Mar 5, 2025 | 02:29 PM
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Originally Posted by Radman991
True, but do you really need 6 engines in the Orlando area?
You only need two motors to be safe out in the blue water. Hell, as busy as it’s gotten out of Ponce Inlet now-a-days, you can go out to the Gulf Stream on one motor and still be safe. It used to be you were the only one out there. Not anymore. Everyone moved to Florida and bought a boat, it seems.
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Old Mar 5, 2025 | 02:45 PM
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I'm having trouble identifying intelligence and wisdom in this thread. But, maybe I'm just being judgemental? YMMV.
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Old Mar 7, 2025 | 05:52 AM
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It doesn't take a genius to figure out what went wrong:
The Biden Administration’s $7.5 billion effort to jump-start the electric-vehicle charging landscape is moving very, very slowly. Now more than two years after the program was signed into law in late 2021, only eight chargers have been put in place.
$7.5 Billion in Federal Funds Yield Only 8 EV Charging Stations

America isn't the whole world though (hard to believe, I know) and charging infrastructure on the other side of the planet is now actually pretty good:
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Old Mar 7, 2025 | 07:12 AM
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On a positive note, the gas industry (Teco) wants to buy me five new tank-less water heaters (10gpm each) for our new facility. Not a chance we put in electric water heaters...and of course. Not a chance we put in solar. So, at least I am part of moving into the right direction for the well being of our planet.
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