Most stocks with exposure to batteries, energy storage, or renewables have taken off this year. This is partly due to industry fundamentals – electric transport is growing like crazy – but it’s also influenced by the Tesla (TSLA) effect. Any stock that looks like Tesla has become a retail investor darling with hopes of getting rich quick.
ChargePoint joins growing list of clean energy firms going public via SPAC
EV charging company ChargePoint is “nearing a deal to go public through a reverse merger” that could value the company at more than $2 billion.