Stellantis Announces Launch of the First Tranche

Go back to Stellantis Announces Launch of the First Tranche

Prepare for lower margins as Tesla (TSLA) price cuts become a 'feature' of EV market - Morgan Stanley

March 20, 2023 11:51 AM EDT

Morgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla (NASDAQ: TSLA) as analyst Adam Jonas believes that investors should anticipate further price cuts in EVs.

Jonas wrote in a note, We believe EV price cuts are not a fad, but a trend. While subject to volatility, investors should anticipate further price cuts in EVs with cost-leader Tesla setting the tone.

One of the reasons Jonas... More

Stellantis (STLA) launches first tranche of buyback program

March 16, 2023 2:01 PM EDT

Stellantis (NYSE: STLA) announced Thursday that the automaker, pursuant to its Share Buyback Program announced on February 22, has signed a share buyback agreement with an independent investment firm that makes its trading decisions concerning the timing of purchases independently of... More