All-Electric Ferrari Announcement Sends Share Price Tumbling - CleanTechnica

Ferrari recently unveiled its upcoming all-electric model, the Elettrica, slated for release in late 2026. The car will feature an electric motor on each wheel, delivering over 1000 horsepower, enabling acceleration from 0 to 100 km/h in 2.6 seconds and a top speed of 310 km/h. Despite this impressive performance, investors reacted negatively to Ferrari’s broader electrification strategy, which plans for only 20% of its future lineup to be battery electric vehicles (BEVs), with 40% hybrids and 40% combustion engines. This cautious approach led to an 11% drop in Ferrari’s share price shortly after the announcement. Ferrari expects rising profits over the next five years, forecasting adjusted EBITDA growth from €2.72 billion this year to €3.6 billion by 2030, with revenues reaching €9 billion. The company’s strategy to maintain a significant share of combustion engine models is driven by their higher profit margins. The E