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Stellantis CEO complains about being forced to make EVs and not knowing how to profit from them
16 thoughts on “Stellantis CEO complains about being forced to make EVs and not knowing how to profit from them”
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Oh well you were given years of notice… if you still can’t figure it out may be you should lose your job.
Let me press the world smallest ᶠ
The former CEO of Fiat always complained they lost thousands of dollars on their EV’s, guess somethings never change.
Step 1 design electric car
Step 2 build electric car
Step 3 sell electric car
Step 4 profit$
Please send 1 million $ to my Reddit account for this business consolidation.
To me FCA was always the worst elements of American corporatism and Italian efficiency merged together during a time when everyone thought the economy would only ever improve. I have nothing against anyone but some part of me wants them to fail just because of how bad and annoying they are.
Lmao this literally reads like satire. Are we supposed to feel bad for them?
what I read is: CEO complains CEO doesn’t know how to do the job and blames the market for it
Bye dinosaur
Boooohoooohoooo, we spent decades prioritizing short term profits over long term viability and now it’s biting us in the ass! So mean!
Stellantis is really the dregs of the automotive industry.
They should join with Toyota for mutual support.
You live by the ~~sword~~ combustion you die by the ~~sword~~ combustion
EVs are going to be sold out constantly for years. If you can’t profit in that environment, you may not be competent to run a business.
Meanwhile tesla makes 30% gross margin. They don’t even make their own batteries yet
Corsa/mokka-e, peugeot e208/2008, citroen e-c4 and all their other vehicles look cool but are not purpose built for BEV but hybrid design that steal space that could be used for other things.
Their BEV cars are price the same without tax as the ICE is taxed in Norway, base price is nearly 7000€ higher pre tax.
“Greedy Parasite” complains that he needs to actually do some work for that money instead of doing jack shit and collecting, as usual.
If job is too hard, he can always take his undeserved golden parachute and quit. And if he is not up to the task, they should fire his sorry ass.
Looks like you have to create a new electric engine from the ground instead of milking that 80’s Fiat’s shitty 1 liter combustion engine