Shares of Ola Electric Mobility dropped 8.52%, trading at ₹90.61 as of 10:04 AM. The stock opened at ₹99.90 and reached an intraday high of ₹100.00 before hitting a low of ₹90.26.
In the meantime, Ola Electric and its founder, Bhavish Aggarwal, are in the middle of a social media storm over the company’s bad service.
Stand-up comedian Kunal Kamra’s first tweet criticizing Ola’s service grew into a heated argument between the two, with angry consumers and even market participants jumping on it.
Kamra quoted Bhavish Aggarwal’s tweet on Sunday, which featured an image of the Ola Gigafactory. Kamra’s tweet included a photo of many Ola Electric two-wheelers laying outside what looks to be an Ola showroom. He also invited those who were having problems with Ola Electric to comment to his tweet, in which he tagged Road Transport Minister Nitin Gadkari.
Aggarwal responded to Kamra’s tweet by calling him a failed stand-up comedian and labeling it a “paid one,” while also saying that Ola Electric is growing its service network swiftly and would clear all the backlogs “soon.”
We have enough programs for our customers if they face service delays. If you were a genuine one, you would have known.
Again, don’t try and back out of this. Come and do some real work rather than armchair criticism. https://t.co/HFFKgsl7d9
— Bhavish Aggarwal (@bhash) October 6, 2024
Comedian ban na sake, chaudhary banne chale.
Do your research better next time. And the offer to come and help us out in our service center remains open. Take up the challenge. Maybe you’ll learn some real skills for a change. https://t.co/4KekvB5Qbu
— Bhavish Aggarwal (@bhash) October 6, 2024
