Ola Electric was recently listed in the market. After listing, the company's shares witnessed a strong rise. It also gave bumper returns to investors. After that, the ongoing rise in the shares of Ola Electric came to a halt. After making a high of Rs 157, the stock is now trading below Rs 100.
Two main reasons are emerging behind this decline. Some experts are saying that the company's 4 wheeler program should be put on hold, while some believe that the continuous negative news about the company's service centers and its electric scooters is also affecting its stock. Today, a heated debate was seen between the company's CEO Bhavish Aggarwal and stand up comedian Kunal Kamra on a related issue.
@VC2809 pic.twitter.com/Ts7RR7mwjB
— Bhavish Aggarwal (@bhash) October 5, 2024
Actually, Agarwal posted a picture of Ola Gigafactory, on which Kamra posted a picture of several Ola electric scooters, which were allegedly standing together for repair. Kamra wrote with the picture that is the voice of Indian consumers? Is this what they should get? Two-wheelers are the lifeline of many daily wage labourers.
Do Indian consumers have a voice?
Do they deserve this?
Two wheelers are many daily wage workers lifeline@nitin_gadkari is this how Indians will get to using EVs? @jagograhakjago any word?
Anyone who has an issue with OLA electric leave your story below tagging all https://t.co/G2zdIs15wh pic.twitter.com/EhJmAzhCmt— Kunal Kamra (@kunalkamra88) October 6, 2024
Tagging Union Road Transport and Highways Minister Nitin Gadkari, he asked whether Indians will use EVs in the same way? Kamra also said that those who have any problem with Ola Electric should write their story below tagging everyone.
To this Agarwal replied that since you care so much, come and help us! I will give you more money than this paid tweet of yours or your failed career. Or stay quiet and let us focus on fixing real customers' problems. He further said that we are rapidly expanding the service network and long queues will soon be eliminated. Even after this, a heated debate continued between the two over X.
Since you care so much @kunalkamra88Come and help us out! Ill even pay more than you earned for this paid tweet or from your failed comedy career.
Or else sit quiet and let us focus on fixing the issues for the real customers. Were expanding service network fast and backlogs https://t.co/ZQ4nmqjx5q
— Bhavish Aggarwal (@bhash) October 6, 2024
