Over the past few months, the parent company behind one of Detroit's most beloved car brands, the multinational automaker Stellantis (STLA) , has taken a dark path as it navigated a dark hole. During its first half 2024 earnings call back in July,

Stellantis shares tumbled following the carmaker's announcement that CEO Carlos Tavares resigned, effective immediately.

The company, facing slumping sales, announced that Carlos Tavares would step down immediately and that a search for a new chief was underway.

Key Points After months of the company's poor U.S. performance, the CEO of Stellantis N.V. (NYSE: STLA) has been fired. Weak U.S. sales and a failure in the electric vehicle sector cost him his job. After months of the company's poor U.