RE:Nano to be acquired or major stake takenStellantis has had a rough year. Stock peaked at 30 and in less than a year is at 13. Things not going well.in China or USA, the two biggest markets. China is lost. The Chinese no longer into legacy brands. And in the US, Dodge Jeep Chrysler are massively overpriced. In some cases, supply is near 300 days. Means 2023 vehicles are still being sold. Dealer floor plans are eating them alive. Zero.profit remains. None..zilch. sell.for a loss or lose more.
Stellantis either shuts down divisions and shrinks. Concedes defeat. I suppose it could wait for Elon to.give free IP. Pretty risky though. Buy cathode from Elon? You think Stellantis can be profitable/competitive by doing so?
And if Stellantis.exits China and USA, how long before Europe is lost?