Stellantis Shares Crash On 22 Billion Euro Charge Tied To Miscalculating EV Demand
How much verified proof exists for this claim
Single weak corroboration
How intriguing or unexplained this claim is
The claim involves a significant financial event with some uncertainties around the company's strategy and market predictions, but it is based on a specific charge and has been reported with some level of detail, suggesting emerging narratives rather than deep mystery.
Stellantis Shares Crash On 22 Billion Euro Charge Tied To Miscalculating EV Demand Stellantis NV shares crashed the most on record in European trading after the automaker disclosed a 22-billion-euro (about $25 billion) charge tied to its failed EV strategy. Management framed the charge as the cost of misreading the slope of EV adoption, effectively building a product and investment plan around an "energy transition" timeline that outpaced customers' budgets. " The reset we have announced toda...