
CEO Admits EV “Over-Optimism”, You Can Say that Again
the staff of the Ridgewood blog
MILAN/NEW YORK — In a historic “strategic reset” that has sent shockwaves through the global auto industry, Stellantis—the parent company of Jeep, Ram, Dodge, and Chrysler—announced a staggering $26.5 billion charge on Friday.
Continue reading Stellantis Plunges 22%: Massive $26B Writedown as CEO Admits EV “Over-Optimism”

