{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Daybreak","title":"You think Ola Electric is in trouble? You’re not even close","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/c9b71c60\"></iframe>","width":"100%","height":180,"duration":753,"description":"On June 23, Ola Electric’s stock crashed to an all-time low of ₹43. \nThis week, the stock staged a brief rebound, jumping nearly 20% in a single session. But at ₹47, it’s still trading far below its IPO price of ₹76 and more than 70% off its post-listing peak.\nOn an earnings call, founder Bhavish Aggarwal insisted the company was on track. With rising margins and tighter cost control, he said, Ola would hit EBITDA break-even at 25,000 units a month.\nBut a closer look at Ola’s financials tells a very different story.\nFor FY25:\n— Revenue dropped nearly 10%\n— Losses ballooned over 40%, to ₹2,300 crore\n— And cash flow from operations? Deeply negative at ₹2,391 crore—nearly 4x worse than the year before\nIn today’s episode, we unpack the growing gap between narrative and numbers at Ola Electric and ask: can Bhavish really steer this ship to safety?\nTune in.\nCheck out The Ken's new careers podcast, 90,000 hours:\nSpotify: https://open.spotify.com/show/5HEi59iUPRMMFfUvxeio47\nApple: https://podcasts.apple.com/podcast/90-000-hours/id1826777519\nAttend The Ken's next event. Details here. ","thumbnail_url":"https://img.transistorcdn.com/uPitovxKRYBGX6AWg9UrET6s3nAdkS-Ci9uZvsZj7vk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85ODhl/ZWM4NmEwZTcxZjZk/MDRlYjAzNTNkMjJi/ZGQ2YS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}