Stellantis Market Value Halves In 2024: Why CEO Tavares’ Exit Could Take Things From Bad To Worse – Stellantis (NYSE:STLA)
Stellantis NV STLA’s struggles in 2024 have been nothing short of profound. The company’s stock has plummeted 47% year to date, nearly halving its market value amid a confluence of negative factors, now further compounded by the departure of the CEO Carlos Tavares. Tavares’ unexpected resignation came more than a year ahead of his planned…