Back in February Biden praised ChargePoint, which operates the nation’s largest public network of EV charging stations, for demonstrating that his efforts had “spurred network operators to accelerate the buildout of coast-to-coast EV charging networks.” Oops! ChargePoint’s stock value had dropped from a high of $46.10 per share in December 2020 to just $2.24 per share in December 2023, down nearly 75% in this year alone. CEO Pasquale Romano has stepped down, and the company is facing a class action lawsuit.