Ola Electric stock tumbles as complaints ratch up, and market share erodes

Indian electric vehicle maker Ola Electric’s customers aren’t happy with its service and scooters, and it’s affecting the company’s stock and market share. The company’s shares fell by as much as 9.1% on Monday to ₹89.14, sending its market cap below $4.75 billion for the first time since its IPO in August. The company’s shares […] © 2024 TechCrunch. All rights reserved. For personal use only.

Oct 7, 2024 - 16:00
 0
Ola Electric stock tumbles as complaints ratch up, and market share erodes

Indian electric vehicle maker Ola Electric’s customers aren’t happy with its service and scooters, and it’s affecting the company’s stock and market share. The company’s shares fell by as much as 9.1% on Monday to ₹89.14, sending its market cap below $4.75 billion for the first time since its IPO in August. The company’s shares […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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