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Comment by sailfast

7 months ago

And… Stellantis is up 3.5% right now in public trading. Nothing makes sense anymore haha

It is likely an unrelated correction. They are still down -7.92% over five days; this is just making it so they aren't -11.42%.

It's getting priced like an easy-to-fix recall that affects some cars of a specific model for one of their brands.

It's a bug. Why should a software bug have an effect on a manufacturer's stock price? It's not like the update caused brake failures or something.

  • Learning that Stellantis pushes bugs that cause power and engine failure while driving should decrease demand for their cars.

    > or something

    Maybe do some research into the problem you're confidently asserting was trivial / read the article you're commenting on:

    "...others claim to have experienced a powertrain failure at highway speeds."

    https://www.reddit.com/r/Jeep/comments/1o47064/jeep_4xe_shut...

    • lol, if being one of the least reliable car companies for decades didn't hurt their sales, why would this? They are also stupid overpriced for what they offer.

      There's a reason their slogan is "(you don't understand), It's a jeep thing"

      They're a lifestyle product and have been for decades. Most of Stellantis is.

  • Well, given that the article says it caused powertrain failures on the highway, I'd say it's severe enough that it should absolutely cause the manufacturer's stock to drop.