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Stellantis Stock Tumbles

Hosted on MSN · 2h

Stellantis Stock Tumbles After CEO Resigns. This Sealed His Fate.

While Stellantis stock has fallen sharply in 2024, that wasn’t what led to Sunday’s announcement that CEO Carlos Tavares had resigned. “Our thanks go to Carlos for his years of dedicated service and the role he has played in the creation of Stellantis,

Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign

The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.

Seeking Alpha · 6h

Leadership Turmoil: What Tavares' Resignation Means For Stellantis

Stellantis CEO Carlos Tavares resigned amid strategic disagreements and financial mismanagement. Read more to see my recommendation for STLA stock.

Samsung, Stellantis

The Verge on MSN · 58m

Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories

The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.

Newsweek on MSN · 19h

US Loans Stellantis, Samsung Venture $7.54B to Build EV Battery Plants

The Department of Energy announced a $7.54 billion loan commitment to a Stellantis and Samsung SDI joint venture to build EV battery plants.

USA Today · 18h

US Department of Energy plans $7.5B loan to Stellantis, Samsung for battery plants

The U.S. Energy Department said Monday it plans to lend up to $7.54 billion to a joint venture of Chrysler parent Stellantis and Samsung SDI to help build two electric vehicle lithium-ion battery plants in Indiana.

3h

Stellantis Needs To Put America First - A Tough Sell To Its European Shareholders

Stellantis’ shareholder structure, including European governments and family owners, lacks alignment on prioritizing the U.S.

22hon MSN

Why Stellantis's CEO Is Out, and What That Means For the Stock

Until a new CEO is hired, the company will be led by an interim executive committee chaired by John Elkann. Elkann, the great ...

8h

Stellantis’s Problem Is Ownership Not CEO, Italy’s Salvini Says

The problem at carmaker Stellantis NV is “more about its ownership” rather than former Chief Executive Officer Carlos Tavares ...

1don MSN

Stellantis' CEO is out after a tumultuous year. Here's how things got so bad at the Jeep maker.

Stellantis CEO Carlos Tavares resigned from his position after months of pressure from various stakeholders to fix falling ...

1d

New Stellantis CEO’s first job is a US reset

The carmaker said it hopes to conclude a hunt for Tavares’ replacement by the first half of 2025. In the meantime, John ...

1don MSN

Stellantis CEO Tavares quits: Why his EV bet sparked his departure

Carlos Tavares has resigned as Stellantis CEO after nearly four years, amid plunging electric vehicle sales and rising ...

18h

Stellantis dealers glad Tavares is out, but now concern grows for the future

Stellantis' next CEO faces a mountain of challenges, including overpriced vehicles with little demand, EVs arriving as the ...

59mon MSN

Newly appointed North American chief Filosa among those considered for Stellantis CEO

The source said the board would also consider external candidates for the job.Start the day smarter. Get all the news you ...

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