Tag: Invest WindsorEssex
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610 CKTB | Is Stellantis’ $100 Fire Sale of $3.5B in Assets & Billion Dollar Investment a Sound Strategy or Hasty Retreat?
Gene Valaitis and Jon Liedtke discuss the “fire sale” of Stellantis’ $3.5 billion stake in its Windsor battery plant for just $100. They explore if this $1 billion investment divestment is a strategic pivot or a corporate retreat amid shifting subsidies, job losses, and the rise of Chinese EVs.
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I Love the Smell of Hopium in the Morning
As Stellantis divests from the NextStar battery plant, local officials are spinning a corporate retreat as “operational certainty.” It’s a masterclass in economic gaslighting. Windsor isn’t a thriving tech hub; we’re a distressed asset huffing “Hopium” while global giants jettison cargo to stay buoyant. Welcome back to the dumpster fire.