Stellantis shares crash after disclosure of €22 billion EV reset charge

Stellantis shares collapsed on Friday after the company revealed it will take a €22 billion ($26 billion) hit tied to a full reset of its business strategy. That number alone sent the entire European auto sector into panic. By 10:30 a.m. local time in Milan, Stellantis stock was down 22.9%. On Wall Street, the company’s […]