Stellantis (NYSE: STLA) seemed to be on the path to recovery after the worst of the pandemic, but now that the market has gotten back to a more normalized supply-and-demand environment, the company’s sales have dropped. In this video, Travis Hoium shows why strategic difficulties are at the core of Stellantis’ problems.
*Stock prices used were end-of-day prices of Dec. 2, 2024. The video was published on Dec. 3, 2024.
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Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends General Motors, Stellantis, and Volkswagen Ag and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
