Ferrari (RACE) got hit in the market on Tuesday after showing its first fully electric car, the Luce, a $640,000 model that has already turned into a fight about what the brand should even be in the ...
Ferrari's long-awaited entry into the electric vehicle market has triggered an immediate backlash from investors and enthusiasts, sending the luxury automaker's market value sharply lower following ...
This article first appeared on GuruFocus. Ferrari (NYSE:RACE) shares dropped nearly 8% after the unveiling of the company's first fully electric vehicle, the 550,000 Luce, drew a wave of criticism ...