- Stellantis NV STLA CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc TSLA in the coming years, Reuters reports from Mobility TV World session.
- He sees the competition benefitting the consumers.
- Also Read: Stellantis CEO Says Company Being 'Forced' To Make Electric Vehicles, Stellantis, Samsung SDI Collaborate To Produce EV Battery For North America
- Tavares sought for investment boost in charging networks in Europe and the U.S. to encourage drivers to switch to EVs.
- Previously, Stellantis shared how it looked to double revenue to €300 billion ($335 billion) a year by 2030 and with high profit margins.
- Price Action: STLA shares closed traded lower by 1.44 at $14.74 on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in