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Ferrari stock drops 7% after Luce EV reveal as investors question design and strategy — Blankdot

thenextweb.com2 months ago

Ferrari stock drops 7% after Luce EV reveal as investors question design and strategy

Ferrari stock drops 7% after Luce EV reveal as investors question design and strategy

Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehicle, at the Città dello Sport in Rome. The Luce…

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