An enormous write-down and dividend suspension have Stellantis stock plummeting on Friday. The Chrysler parent announced one-time charges of €22 billion ($25.9 billion), including roughly $20 billion related to electric vehicles, $4.1 billion in warranty-related costs, and other items. “The reset we have announced today is part of the decisive process we started in 2025, to once again make our customers and their preferences our guiding star,” said CEO Antonio Filosa in a news release.