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Ferrari Cuts Electric Vehicle Goals Amidst New EV Launch

1 min read
Source: CNBC
Ferrari Cuts Electric Vehicle Goals Amidst New EV Launch
Photo: CNBC
TL;DR

Ferrari's shares dropped over 14% after the luxury carmaker revised its revenue forecasts and halved its electric vehicle sales target, citing market conditions and a client-centric approach, while unveiling its first electric model set for delivery in late 2026.

Topics:business#business#electric-vehicle#ev-sales-target#ferrari#guidance-update#stock-plunge
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  1. Ferrari shares plunge 13% after carmaker updates guidance, halves EV sales target  CNBC
  2. Ferrari reveals Elettrica but dials down 2030 electrification goals  Reuters
  3. Ferrari Reveals Its Electric Powerhouse, and What Could Finally Be Real EV Sound  WIRED
  4. Ferrari Scales Back Electric Ambitions as It Unveils First EV  Bloomberg.com
  5. Ferrari halves electric vehicle target  Financial Times

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