The latest news about John Elkann

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Nissan Faces Leadership Turmoil

Nissan's Chief Financial Officer Stephen Ma is expected to step down amid ongoing management upheaval and significant job cuts. This follows the departure of COO Ashwani Gupta and comes as the company faces pressure from activist investors and declining performance. Shares have dropped significantly this year.

Stellantis CEO Carlos Tavares Resigns

Carlos Tavares has resigned as CEO of Stellantis, effective immediately, following a clash with the board amid declining sales and a profit warning. The company plans to appoint a new CEO by mid-2025 while establishing an interim executive committee led by chairman John Elkann.

Billion-Dollar Loan for EV Battery Plants

The U.S. Department of Energy announced a $6.85 billion loan to StarPlus Energy for two electric vehicle battery plants in Indiana, expected to create 2,800 jobs. The loan's finalization is uncertain due to the incoming Trump administration's stance on green projects.