Ferrari's First Electric Sports Car: Elettrica Revealed as Shares Drop on Conservative 2030 Outlook

Oct 09, 2025 11:09 pm CST

Ferrari unveils its first electric vehicle, the four-seat Elettrica coupe, delivering over 1,000 horsepower with a 329-mile range, while scaling back its electrification plans to 20% of sales by 2030. Despite impressive technical specifications, investor confidence faltered as the luxury automaker's long-term financial projections missed market expectations.