Slowing EV sales? Don’t tell this automaker.

One of the best investment tips of all time, from Warren Buffett, is to be fearful when others are greedy and greedy when others are fearful. It appears that the car manufacturer Stellar (NYSE: STLA) he really took that to heart.

At a time when electric vehicle (EV) growth in the US has slowed compared to expectations, and many major automakers are making significant cuts to their EV strategy, Stellantis is charging ahead.

With EV growth failing to reach the heights many automakers had hoped for, it has led many to adjust their strategies. The reason is simple: the losses are significant. Take Ford Motor Company (NYSE:F) for example, which could lose up to about $5.5 billion from its Model e division in 2024 alone.

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