Stellantis shares plunge on $26B in charges tied to EV retreat

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11 Comments

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  1. And they still own 14 different brands, and try to convince themselves Jeep will save them. What a joke this company became before, during, and after their half baked EV plans, brought on by socialism and Biden.

    1. More “muh socialism” without even understanding what the word means at all. Nothing Biden did was anything remotely close to socialism. Nobody will take you seriously when you use hyperbolic language like that.

  2. Imagine just for a moment if this country had to rely on Wind and Solar Energy only during this unbelievable cold spell we are all experiencing.

    Go green if you want, but don’t make it a mandate.

    1. Stellantis has a 49% stake in the battery plant. I believe Panasonic owns the majority share. It’s still up and running… for now.

  3. EV for everyone will never, can never happen. Not even close. The natural minerals needed for battery production don’t exist at that level. This democrat charade belongs to the libs 100% And here we were told they are the party of science. (Boys can have babies, Take the shot and wear a mask and covid ends, Global cooling to Global warming to Climate change. ETC)

  4. The whole issue was making ev’s affordable enough to make them everyone’s second car. But at 60-100k that wasn’t going to happen. Now the rest of the world will dominate this market.

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