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Tesla owners are experiencing increased vandalism, reflecting a shift in public sentiment. Meanwhile, Stellantis faces a significant profit drop, leading to leadership changes, while Lucid Motors reports substantial losses despite launching new models. Aston Martin plans job cuts and cost-saving measures, focusing on existing models rather than new launches.
Stellantis shares, after a significant drop in 2024, are showing signs of a bullish turnaround, breaking out of a trading range between €12 and €13.50. This movement aligns with positive trends in the European automotive sector, influenced by macroeconomic factors and the upcoming appointment of a new CEO. Key price targets are set at €15.50 and €18.50, with a favorable risk/return profile for investors.
Tesla is poised to collect over $1 billion from EU automakers seeking to pool carbon emissions to meet the 2025 CO2 regulations. Companies like Stellantis, Toyota, Ford, Mazda, and Subaru are interested in joining Tesla's pool, with a deadline for applications set for February 5. UBS analysts suggest that Tesla's compensation could exceed €1 billion if it fully monetizes its CO2 position, although it's uncertain if the pool can accommodate more participants.
The European automotive sector is facing significant challenges, with declining sales, job cuts, and labor unrest as companies like Volkswagen and Stellantis struggle to adapt to tighter regulations and shifting market demands. Analysts predict a tumultuous 2025, exacerbated by potential trade wars and stagnant EV demand, leading to unprecedented factory closures and employee protests. The situation reflects a broader economic downturn, with the auto industry’s struggles impacting Germany's economy and political landscape.
Stellantis has secured a conditional commitment for a $7.54 billion loan from the US Department of Energy to establish lithium-ion battery factories in Indiana, aiming to produce 67 GWh of batteries annually. The company is also investing in lithium-sulfur battery technology, partnering with Zeta Energy to potentially launch a commercial version by 2030, which promises lighter, cheaper, and faster-charging batteries. As scrutiny of these projects increases, the future of Stellantis's EV ambitions remains uncertain amid competitive pressures in the automotive industry.
Stellantis NV is focused on rebuilding trust with dealers, suppliers, unions, and governments following the departure of CEO Carlos Tavares. CFO Doug Ostermann highlighted growing disagreements between Tavares and the board regarding long-term strategic decisions for the company.
OpenAI is considering incorporating advertising into its AI products as part of a strategy to increase revenue. This comes amid significant leadership changes at Intel and Stellantis, and new US export controls aimed at limiting China's semiconductor industry. Additionally, Shanghai's aspirations to become a global financial hub have faced setbacks.
UBS has maintained a "Buy" rating for Stellantis, setting a target price of 16 euros, following the unexpected resignation of CEO Carlos Tavares. Analyst Patrick Hummel emphasized the urgency of appointing a new leader after Tavares had initially planned to leave in 2026.
Carlos Tavares has resigned as CEO of Stellantis, effective December 1, 2024, following a significant decline in revenues and market performance, particularly in the U.S. The company faces challenges in repositioning, electrification strategies, and union relations, while rumors of a potential merger with Renault persist amid ongoing industry consolidation. Stellantis shares fell 6% to a low not seen since July 2022, reflecting investor concerns over its future direction.
UBS has maintained a "Buy" rating for Stellantis, setting a target price of 16 euros. Analyst Patrick Hummel emphasized the urgency for a new leadership following the unexpected resignation of Carlos Tavares, who had initially planned to leave in early 2026.
Carlos Tavares
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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