Stellantis layoffs

[Astheros]

I am considering buying some STLA

Perfect time. I have over 1,000 shares at over 13$ so I have to hold for now. Been averaging Down a bit but not too much.

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[Pape]

I am considering buying some STLA

Indeed time to purchase STLA

 

[NWJeepr]

I feel like STLA is going to be a better value after announcing Q2, if it hasn't fractured. But, then again, I don't play in individual stocks.

Large cap, small cap, foreign, and some stable investments, CD's, bonds, t-bills...all low-expense and not actively managed Index funds. That way I get a slice of the mag 7 and when do industry-specific, it's also in a broader index fund. This strategy has carried so many people through. I'd hate to be a bro who went balls deep on something like TSLA somewhere much higher than it is now.

 

[Murphydog]

I learn a ton from these threads, especially which people not to take advice from, and which ones I should just flat out block

 

[Pape]

The countries not being hit with tariffs are interesting

Are we talking about Russia here ? If so, do not forget they got hit by the economical retaliation package for Ukraine.

 

[NWJeepr]

Are we talking about Russia here ? If so, do not forget they got it by the economical retaliation package for Ukraine.

Russia and North Korea.

We were told by the same guy who told us there are 250% tariffs on all cheese going into Canada that Russia and North Korea, Cuba, were left out because of existing sanctions effectively rendering any trade meaningless. He caught lots of fish with that one, but nobody asked the question, then, why were tariffs put on other countries sanctioned by the US? $3 Billion in annual trade with Russia despite sanctions seems like a meaningful number to which to apply tariffs, wouldn't you think?

Ladas for everyone!

 

[Astheros]

I feel like STLA is going to be a better value after announcing Q2, if it hasn't fractured. But, then again, I don't play in individual stocks.

Large cap, small cap, foreign, and some stable investments, CD's, bonds, t-bills...all low-expense and not actively managed Index funds. That way I get a slice of the mag 7 and when do industry-specific, it's also in a broader index fund. This strategy has carried so many people through. I'd hate to be a bro who went balls deep on something like TSLA somewhere much higher than it is now.

investment choices all depend on your particular situation.

age is a big factor in risk being undertaken.

me personally, i am in my early 40s and so have plenty of time to weather huge losses.
my only "individual stock" account comprises ONLY 15% of our total investments though.

85% are in benchmark index funds.

before all these tariffs, i was beating the sp500 by 7% YTD and we were only 1 quarter in.

 

[NWJeepr]

investment choices all depend on your particular situation.

age is a big factor in risk being undertaken.

me personally, i am in my early 40s and so have plenty of time to weather huge losses.
my only "individual stock" account comprises ONLY 15% of our total investments though.

85% are in benchmark index funds.

before all these tariffs, i was beating the sp500 by 7% YTD and we were only 1 quarter in.

Absolutely. I am not far off in age from you, and before about a month ago I was 90% in stocks (ETFs/indexes), accelerator buried into the carpet. I did well, but since moved that to safer ground. I'll be buying the dip as well, but won't be gambling the house.

 

[Pape]

And faith is the death of logic.

Or the admission that someone is better than you at something

 

[Grayone]

Actually it is not. It is admission that you believe something is better than what you can ever know. And that is not based in empirical evidence.

 

[GinaC]

I just got an email from my dealer's owner warning folks that tariffs will undoubtedly raise prices, but that it will depend on how many overseas parts were needed in specific models.

They also stressed the fact that they have many still in stock and will not be raising prices on them. Great marketing, if you ask me! (Shout out to Northpoint Chrysler Dodge Jeep in Derby, Vermont! Only a 3 hour drive from Boston!)

(Also, when I stopped in today, I saw that they have a Willys Gladiator in Tuscadero parked in the showroom. Ah, if only it would have fit in my garage.)

 

[Wbino]

Well I think it is safe to say that IF Stellantis was trying to distract people from their poor leadership by blaming the layoffs on tariffs, this thread proves their strategy was most effective!

Regardless, I think a lot of people would agree that Stellantis has managed the company extremely poorly. Their CEO was fired only 4 months ago. In fact, Stellantis' poor management is the reason I decided to buy a new Wrangler even though I didn't need one; if things continue the way the are with the company, I will have no interest in whatever next-gen "Wrangler" is. I bought a JL because I know I like the JL; I don't think I will say the same about the next Wrangler.

LOL At least Stellantis is not cooking the books by parking thousands of unsold cars in empty lots across the country in order to artificially boost their stock like TESLA is doing.
That is fraud on a level never seen before, but thankfully for him this country does not punish fraud by the upper class or people with connections.

 

[GinaC]

All I have to say about this is that I'm on layoff starting Monday for two weeks and probably going back to a half shift schedule for the foreseeable future.

I hope things get better for you. If you worked there in August, your hands probably touched my Jeep. Thank you so much, I love it and it has been nothing but good to me.

 

[yokramer]

LOL At least Stellantis is not cooking the books by parking thousands of unsold cars in empty lots across the country in order to artificially boost their stock like TESLA is doing.
That is fraud on a level never seen before, but thankfully for him this country does not punish fraud by the upper class or people with connections.

Just as Canada was about to put a pause in their EV rebates the weekend before Tesla reported 8,600 new sales in 3 days so frauds not really out of character for them.

 

[NULL POINTER]

Has anyone else noticed that most of these high dollar "wins", i.e. promised investments by foreign companies into building new factories in the USA are projected to have 4 to 5 year time lines to come to fruition?

Obviously it takes time, in some cases a lot of time to find sites, get permits, build factories, set up supply chains for the new factories, and hire workers.

Those executives of those companies are smart. They are hedging their bets. They know a change in leadership will probably occur in 2028 to reverse everything being done now (same as what happened in 2021) and then they will either pull or minimize their investments.

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