Chrysler Parent Stellantis’ Shares Fall 22%

Fridays close for Stellantis was 7.28 down just over 23% After market price is 7.40
It just amazes me how corporations live in some fantasy world. I think the upper echelons of corporations are so stupid rich that they have no clue how to "read" the common public that buys their products. More or less out of touch with their customers and reality.
Plus governments threatening to put them out of business using for example the EPA to make producing gasoline vehicles impossible in the future.
 
SC Maintenance said:
$26B write off on a $21B market cap. Oops.

I think they won't be the only one. GM took a $7B on china EV https://www.cnbc.com/2026/01/08/gm-q4-charges-ev-china.html - but didn't even mention the spring Hill plant. I am guessing more to come on that. https://www.wvlt.tv/2025/10/29/700-gm-employees-temporarily-laid-off-tn/#:~:text=Ultium Cells is adjusting production,based on evolving market needs.&text=GM reports operations are set,All rights reserved.

Creative destruction working.
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It will be interesting, something the thinking person knew that government forcing expensive EVs was not going to work. They are WAY too expensive and inconvenient for the majority.

However in comparison to Stellantis, GM stock was and still is unchanged from their last quarter earnings results and 7 billion dollar write down.

2025 sales totals
GM - up 5.5%
Stellantis - down 3%
Ford - up 6%
Tesla - down 8.6%
 
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Be interesting to see how this plays out. It may bounce back some after wall street gets over the shock of that big write off. Been looking around for a 3/4 ton pickup. Local Stellantis dealer is loaded with Jeeps and Rams. Got to wonder how much metal they are really moving. Many 2025 still in stock.
 
Hirev said:
Be interesting to see how this plays out. It may bounce back some after wall street gets over the shock of that big write off. Been looking around for a 3/4 ton pickup. Local Stellantis dealer is loaded with Jeeps and Rams. Got to wonder how much metal they are really moving. Many 2025 still in stock.
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I wasn't looking but I have noticed big sales on Jeep products, still costly to me even with big mark downs.
 
alarmguy said:
It will be interesting, something the thinking person knew that government forcing expensive EVs was not going to work. They are WAY too expensive and inconvenient for the majority.

However in comparison to Stellantis, GM stock was and still is unchanged from their last quarter earnings results and 7 billion dollar write down.

2025 sales totals
GM - up 5.5%
Stellantis - down 3%
Ford - up 6%
Tesla - down 8.6%
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Wasn't Tesla down way more than that? They took a beating in the European market losing market share to VW of all companies.
 
97prizm said:
Wasn't Tesla down way more than that? They took a beating in the European market losing market share to VW of all companies.
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No that is the yearly sales number. I think you are thinking about the last quarter in the USA... with no taxpayer gifts this year Tesla will be trash. BTW Tesla hides its USA numbers and everything is always a guess.
AS far as overseas in Europe they are getting slammed but still the 2025 decline is for the company, not any one market.
 
alarmguy said:
No that is the yearly sales number. I think you are thinking about the last quarter in the USA... with no taxpayer gifts this year Tesla will be trash. BTW Tesla hides its USA numbers and everything is always a guess.
AS far as overseas in Europe they are getting slammed but still the 2025 decline is for the company, not any one market.
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The hilarious thing is the European market overall saw ev sales grow at every company but Tesla.
 
97prizm said:
The hilarious thing is the European market overall saw ev sales grow at every company but Tesla.
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I have to be honest. I dont trash Tesla because of its name or Elon Musk.
Im a numbers person that is all and I also pay attention to projections from CEOs which I can acknowledge Tesla is a train wreck of statements.
I also dont pay much attention to the European market. We live a better life here and I have no interest in micro cars.
Granted Tesla is fair game over there because that was a big part of their market. Here in the USA they do ok but for my taste the vehicles are now looking kind of generic. One just has to look at the competition from GM and South Korea.

I get it, Tesla is well refined by now but not a reason I would want one of their very limited model lines. I think they need a big SUV however the EV market is dead and will be for a long time. It is not going to come close to taking significant marketshare on USA highways from gasoline until better technology comes along, if even then, high insurance costs, ever rising electric rates, SKY HIGH recharge rates when on the road and not home are del killers. They will become household staples as a second recharge at home car for many if by some miracle prices come down.
 
alarmguy said:
I have to be honest. I dont trash Tesla because of its name or Elon Musk.
Im a numbers person that is all and I also pay attention to projections from CEOs which I can acknowledge Tesla is a train wreck of statements.
I also dont pay much attention to the European market. We live a better life here and I have no interest in micro cars.
Granted Tesla is fair game over there because that was a big part of their market. Here in the USA they do ok but for my taste the vehicles are now looking kind of generic. One just has to look at the competition from GM and South Korea.

I get it, Tesla is well refined by now but not a reason I would want one of their very limited model lines.
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I 100% agree. If Musk didn't make such wild statements (predictions) I don't think I'd have such a dislike for Tesla. It's the fact that every time he talks I just roll my eyes. I get the feeling that Musk is really over or bored with Tesla at this point. If so find someone who wants to continue to develop and deliver their product line.
 
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