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Ferrari Stock Takes Brutal Beating After Revealing Its First Ever EV Completely Backfires

Ferrari on Tuesday presented its first-ever fully electric car to Italy’s President and Pope Leo XIV. Yet it's still waiting for the ultimate approval from someone less high-profile: the consumer. The Italian automaker unveiled the all-new Luce EV on Monday -- even as other luxury competitors dial back ambitious electrification...

Ferrari on Tuesday presented its first-ever fully electric car to Italy’s President and Pope Leo XIV. Yet it’s still waiting for the ultimate approval from someone less high-profile: the consumer. The Italian automaker unveiled the all-new Luce EV on Monday — even as other luxury competitors dial back ambitious electrification…

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