If playing catch up with Tesla is what everyone in the auto industry is about then Stellantis, the company formed from the merger of Fiat Chrysler and Peugeot, has had a good start – its shares have far outpaced its U.S. rival in its inaugural year. Fixing its business in China and overcapacity in Europe are just two areas where analysts want to see Stellantis making progress when Chief Executive Carlos Tavares unveils his detailed business plan on March 1.
Tesla (TSLA) closed the most recent trading day at $1,049.61, moving +1.75% from the previous trading session.
The Lithium & Battery Tech ETF's two largest holdings are miner Albemarle and Tesla, while a Warren Buffet-owned stock ranks No. 6.