Stellantis stock dives on €22.2 billion EV reset as dividend gets pulled — what STLA investors watch next
Stellantis shares fell as much as 24% in Milan after the company announced €22.2 billion in charges tied to scaling back its electric vehicle plans. The automaker warned of a €19–€21 billion net loss for the second half and said it will skip its 2026 dividend. Trading was briefly halted after the drop. A management call is set for later Friday, with full-year results due Feb. 26.