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Stellantis CEO Looks To Catch Up With Tesla In Coming Years

Stellantis NV (NYSE:STLA) CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc (NASDAQ:TSLA) in the coming years, Reuters…
  • Stellantis NV (NYSE:STLA) CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc (NASDAQ: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.
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