If electric cars are the future, why are investors fleeing companies the build and run EV charging stations?

But, but, but, we’ve been told that plug-in electric vehicles are the wave of the future! From The Wall Street Journal:

Investors Sour on EV Charging Companies

EV charging companies have fallen from lofty valuations as concerns mount about their profitability

by Jennifer Hiller | Boxing Day, December 26, 2023 | 7:00 AM EST

The companies that install and operate electric-vehicle charging networks are in the middle of a building boom, but their share prices are sputtering. Continue reading