Why investors aren’t loving Ferrari’s new Luce EV
#ferrari #ev #electricvehicles
Ferrari (RACE) showcased its new Luce EV in Rome this week, the luxury car designer’s first fully electric vehicle, with a price tag of $640,000. The stock has edged lower in Tuesday trading in response to this grand unveiling.
Chapters
00:00 Ferrari unveils its first EV
01:18 Why Ferrari changed its design approach
01:51 Wall Street worries about demand
02:30 Why luxury EVs are struggling
03:02 The one luxury EV success story
#cars #luxurycars #stocks #technology #investing
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