Michael Burry stock portfolio performance update

10:51am, Wednesday, 01'st Nov 2023
The investing world saw only a few names gain as much notoriety as Michael Burry.
Stellantis has announced tentative agreements with both the UAW and Canadian Unifor unions since Saturday, however the deals must still be ratified by members.
Chrysler, Maserati and Fiat owner, Stellantis NV (NYSE:STLA, EPA:STLA), said strike action by US car workers had hit revenue by around €3 billion. Stellantis's chief finance officer Natalie Knight e
Fain and the union are clear winners at the end of bargaining, but others like Tesla and President Joe Biden may also come out ahead.
Stellantis looks set to emerge from the six-week UAW strike with less damage than Ford and General Motors.
Stellantis said on Tuesday its sales rose 7% in the third quarter, while the six-week strikes in the United States over salary increases had an overall negative impact on the group's revenue of around
The United Auto Workers (UAW) union reached a tentative agreement with General Motors on Monday, signaling an end to walkouts that have cost the No. 1 Detroit automaker more than $400 million a week.
Tom Narayan, RBC Capital global auto analyst, joins 'Power Lunch' to discuss the impact of the UAW's tentative deal on automakers.
After announcing a tentative deal with the United Auto Workers (UAW) union in the U.S. last week, automaker Stellantis (STLA) reached a tentative deal with Canadian union Unifor on Monday.
Unifor, the Canadian labor union representing over 8,200 workers, announced a tentative agreement with Stellantis on Monday, bringing an end to a short-lived strike at the automaker's facilities. The
Canadian workers union Unifor said on Monday its members at the facilities of Stellantis in Canada have reached a tentative labor agreement.
Stellantis's deal with China's Leapmotor was welcomed as the EV revolution gains pace, although some considered it risky. Stellantis needs to accelerate its EV plans.
After reaching a tentative agreement Saturday with the United Auto Workers union , Chrysler-parent Stellantis is now facing a national labor strike in Canada.
Canadian union Unifor said it began strike action at all Stellantis facilities in the country early Monday, with more than 8,200 workers walking out.
The strike announcement comes just a day after the Detroit automaker reached a tentative deal with striking union workers in the U.S.
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