Description
Stellantis Stock Crash: EV Collapse Or 100% Comeback Setup?
Stellantis has entered one of the most turbulent phases in its short corporate history. After generating roughly $25 billion in annual operating profit in both 2022 and 2023, the automaker now finds itself near breakeven in 2025, grappling with collapsing U.S. EV demand, multi-billion-euro write-downs, canceled battery investments, a suspended dividend, and a €5 billion convertible debt raise to stabilize liquidity. The expiration of the $7,500 federal EV tax credit in September, combined with regulatory rollbacks on fuel-efficiency mandates, accelerated a sharp demand reset that left Detroit automakers absorbing more than $50 billion in combined impairments. Stellantis’ shares plunged 24% following its recent update, compressing valuation to roughly 0.15x sales versus 0.3x–0.4x for Ford and GM. New CEO Antonio Filosa is betting on a product-led recovery centered on North America, ICE powertrains, and margin discipline, while facing rising competitive pressure from BYD in Europe.
