❗️Ferrari’s stock suffered a record 13% drop on October 9, 2025, wiping out roughly $14.6 billion USD (€13.5 billion) in market value after its Capital Markets Day presentation.
During the event, Ferrari teased its first fully electric model, the Elettrica, revealing a bare chassis with four electric motors, over 1,000 hp output, and an innovative sound system designed to preserve the brand’s signature emotion.
The Elettrica was confirmed as a four-door, four-seat grand tourer capable of 0–100 km/h (0–62 mph) in about 2.5 seconds and a top speed of roughly 310 km/h (193 mph).
However, the excitement was overshadowed by Ferrari cutting its EV sales target for 2030 from 40% to just 20%, signaling a slower transition toward electrification.
Investors viewed the cautious growth outlook and reduced ambitions as a lack of confidence in the EV market, leading to Ferrari’s worst trading day since going public.
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