Tesla has reduced prices in Germany, impacting European auto stocks. Stellantis' CEO stated the company will avoid price wars and selling EVs at a loss, aiming to maintain profitability despite ongoing disruptions. Stellantis also warned of potential 'bloodbath' from EV price cuts.
Stellantis takes a jab at Tesla, warns EV price cuts could cause 'bloodbath' https://t.co/47rtZfkeLm by @EVPeteJohnson
Stellantis will avoid brutal price cuts, CEO says https://t.co/Vi7m0FEu1G https://t.co/N3RR2Uf0Oj
Stellantis CEO says automaker won't sell EVs at a loss like other carmakers https://t.co/s0NHBazm02
⚠️ STELLANTIS WILL AVOID BRUTAL PRICE CUTS, CEO SAYS (Reuters) Stellantis will avoid being caught in a price war which would destroy its profitability, its CEO said on Friday, adding that he did not see major impacts on supplies due to ongoing disruption in the Red Sea.… https://t.co/oiTHgWpJFl
Tesla Slashes Prices In Germany, Throwing A Wet Blanket On European Auto Stocks https://t.co/8zQedlrKKF