Just announced that it has added former U.S. Secretary of Transportation and U.S. Secretary of Labor Elaine Chao to its board of directors.
Biden has signed the new infrastructure bill that allocates $7.5 billion to help build out charging infrastructure in the U.S. ChargePoint should be among the beneficiaries of those investments.
Top intuitional investors include: Vanguard, Blackrock and The Canada Pension Plan Investment Board.
The current price looks like a bargain in my eyes so I bought the dip today betting on an earnings rip. Either way, I personally like the medium to long term potential with the move toward becoming carbon neutral.
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