Ferrari Luce: The Stock Falls 7% But The Horizon Is Now Clear
Ferrari has launched the Luce, its first fully electric luxury car, showcasing innovative design and performance. Despite a 7% drop in stock value, the company remains optimistic about future revenue from personalizations. The Luce is expected to significantly impact Ferrari's market presence with its unique features and performance metrics.
- ▪Ferrari unveiled the Luce, its first fully electric luxury car.
- ▪The Luce features a monolithic aluminum body and a four-motor powertrain.
- ▪The car can accelerate from 0 to 100 km/h in just 2.5 seconds.
- ▪Personalizations now account for nearly 20% of Ferrari's top-line revenue.
- ▪The stock fell by 7% following the announcement.
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