Ferrari shares crash over 10% after teasing new EV: what happened?
FerrariFerrari(US:RACE) Invezz·2025-10-09 10:53

Core Viewpoint - Luxury sports carmaker Ferrari NV has reduced its electrification goals while revealing the technology behind its first electric vehicle, "Elettrica" [1] Group 1: Electrification Strategy - Ferrari has scaled back its electrification ambitions, indicating a more cautious approach to electric vehicle development [1] - The company is focusing on a balanced strategy that includes both traditional combustion engines and electric vehicles [1] Group 2: Elettrica Technology - The unveiling of the technology for the "Elettrica" marks a significant step for Ferrari in the electric vehicle market [1] - Details about the performance and specifications of the "Elettrica" have been highlighted, showcasing Ferrari's commitment to maintaining its luxury and performance standards in electric vehicles [1]