Ferrari (RACE) Stock Drops 8% as First Fully Electric Car Disappoints Investors
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Ferrari's stock has dropped after the company unveiled its first fully electric car, with the market reaction suggesting the vehicle has failed to impress investors. The car, reportedly called the Luce EV and priced around $640,000, has received a mixed response from critics and enthusiasts. The exact impact on the stock price varies slightly, but it is reported to have fallen by around 7-8%.
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