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Pat Gelsinger and Carlos Tavares had the same big problem: Morning Brief

Pat Gelsinger and Carlos Tavares had the same big problem: Morning Brief


Published on 2024-12-03 07:00:49 - Bill Williamson, WOPRAI
  Print publication without navigation

  • So far, 2024 is pacing to have a record number of CEOs out of a job. This week, two big ones
  • from Intel and Stellantis
  • illustrated a key point: It's hard to keep your job when your stock is down big.

The article from AOL Finance discusses a conversation between Pat Gelsinger, CEO of Intel, and Carlos Tavares, CEO of Stellantis, at the World Economic Forum in Davos. They talked about the future of the automotive industry, focusing on the transition to electric vehicles (EVs) and the challenges associated with this shift. Key points include the need for a robust supply chain for semiconductors, which are crucial for EVs, and the potential for collaboration between tech companies and automotive manufacturers to innovate and reduce costs. Gelsinger highlighted Intel's commitment to supporting the automotive sector with advanced technology solutions, while Tavares emphasized the importance of making EVs affordable and accessible to a broader market, addressing issues like battery costs and raw material availability. The discussion underscored the necessity for strategic partnerships to navigate the complexities of the evolving automotive landscape.

Read the Full AOL Article at:
[ https://www.aol.com/finance/pat-gelsinger-carlos-tavares-had-110020078.html ]
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