Stellantis’ German BEV horror show
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
Pressured margins and Q3 production disruption mere short-term bumps in the road in Tesla chief’s view
Elon Musk, CEO of US EV pure play Tesla, is continuing to double-down on the value that will be created through his firm’s autonomous driving (AD) initiatives, even as margins come under further pressure, Q3 production will be crimped by plant maintenance and yet more price cuts remain on the table.
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