STLA Aug 2024 17.000 call
- Yahoo Finance Video
June consumer sentiment disappoints, Tesla short-selling: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills dissect key economic data, the latest developments surrounding Tesla (TSLA), and check in on some of the day's top trending stocks. Kicking off the hour, the June Consumer Sentiment report fell to its lowest level since November, raising concerns about the economic landscape. To shed light on the market implications, Research Affiliates Founder and Chairman Rob Arnott joins to discussion, sharing his perspective on the market outlook after a hefty week of data. The show then shifts to the stock reactions of prominent companies such as Boeing (BA), GameStop (GME), and automaker Stellantis (STLA). Notably, Stellantis' decision to minimize electric vehicle production in China is explored. Finally, Tesla takes center stage with a focus on Elon Musk's recently approved $56 billion pay package. Canaccord Genuity Managing Director George Gianarikas joins the discussion, providing insights into the implications of this historic compensation plan for the company's future. Bireme Capital Founder and Chief Investment Officer Evan Tindell offers his perspective on the potential concerns surrounding short-sellers and their impact on Tesla's stock performance. This post was written by Angel Smith
- Yahoo Finance Video
Stellantis to move some EV production out of China
Shares of Stellantis (STLA) are trading lower Friday after the company announced a shift in its electric vehicle production strategy in response to new European Union tariffs. The tariffs, set to begin July 6, have prompted the automaker to move production out of China to combat costs. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- PR Newswire
Wrap it Up! The All-new, All-Electric 2024 Jeep® Wagoneer S Launch Edition Takes Center Stage on Stellantis NA Headquarters in Michigan
The Jeep® brand is celebrating the launch of its first global all-electric vehicle arriving in the U.S., the all-new, all-electric 2024 Jeep Wagoneer S Launch Edition, by wrapping an image of the vehicle on the company's North America headquarters in Michigan.
