Imagine how much grief and wanton waste might have been avoided had the Masters Of The Universe simply listened to little old me.

Stellantis NV shares crashed the most on record in European trading after the automaker disclosed a 22-billion-euro (about $25 billion) charge tied to its failed EV strategy.

Management framed the charge as the cost of misreading the slope of EV adoption, effectively building a product and investment plan around an “energy transition” timeline that outpaced customers’ budgets.

“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,” Stellantis CEO Antonio Filosa wrote in a statement.

Filosa said, “The charges announced today largely reflect the cost of over-estimating the pace of the energy transition that distanced us from many car buyers’ real-world needs, means and desires. They also reflect the impact of previous poor operational execution, the effects of which are being progressively addressed by our new Team.”

Our world, still run by stupid people: Carney Stakes Canada’s Auto Future on E.V. 🤡