Ferrari has launched its first fully electric vehicle, the Luce, featuring 1,036 horsepower, 2.5-second 0-60 mph acceleration, and a 329-mile range. Priced around $600,000, it is Ferrari's first five-seat car and marks a bold shift from traditional combustion engines to electric sports cars. The design has polarized fans, with some comparing it to a generic EV or spaceship, but Ferrari aims to attract a new audience rather than traditional purists. The launch caused Ferrari's shares to drop 6% in premarket trading, reflecting investor caution amid the company's transition to electric vehicles.
Ferrari announced it will publish its financial results for the second quarter of 2026 on July 30. The company will host a live audio webcast and conference call at 2:30 p.m. BST / 3:30 p.m. CEST / 9:30 a.m. EDT, accessible via its corporate website....
Ferrari N.V. has repurchased 28,000 of its common shares on the Euronext Milan exchange as part of the second tranche of its €250 million share buyback program announced in April 2026. This buyback is a segment of a larger multi-year plan totaling ap...
