Stellantis (STLA) reported a massive charge of 22 billion euros ($25.94 billion) as it resets its electric vehicle business.
Shares of Stellantis are headed for their worst-ever day of trading after the carmaker announced a massive charge to reset ...
Stellantis announces €22.2 billion charge as it pivots away from EVs. Here's why STLA shares are worse than General Motors ...
With Rivian set to start releasing its R2 vehicles this year, is the stock a great buy right now?
Investors were surprised by the cost of Stellantis's EV reset, and not in a good way.
Notably, Stellantis ( STLA) paused its dividend for 2026 and plans to raise up to €5B by issuing hybrid bonds. Shares of ...
Stellantis' eleven-figure write-down is the largest in a wave of EV charges on global automakers. For consumers, that means fewer vehicle options.
U.S. automakers are pivoting away from EVs to refocus on gas-guzzling trucks and SUVs while Chinese manufacturers are ...
Stellantis shares plunged after announcing a massive writedown, raising questions about whether EV struggles stem from market ...
Chorley Group has attributed more than 850 additional EV sales to its EV specific email marketing strategy in the first year ...
Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion ...
Stellantis shares plummeted 25% Friday after the company revealed a $26.5 billion charge related to an overhaul of its business – including a retreat from its electric vehicle ambitions. The automaker ...