Tesla (Nasdaq: TSLA) is expected to make an announcement this week regarding its supercharger. However, the announcement will not involve ECOtality (Nasdaq: ECTY), a spokesperson told Bloomberg.
although there are only 6 months to Ecotality gets no money from the DOE, no big contracts or partnerships have been generated. It is hard for Ecotality to survive. The hope with Tesla has burst.
Sentiment: Strong Sell