Lamborghini CEO Stephan Winkelmann said the company made the right choice by canceling its all-electric vehicle plans to focus on plug-in hybrid electric vehicles, citing weak customer demand for full EVs. His comments came after Ferrari faced criticism and investor backlash over its first all-electric car, the Luce. Winkelmann emphasized that each brand must choose its own strategy and that innovation should align with customer acceptance, not be forced. This highlights differing approaches among luxury automakers toward electric vehicles amid market uncertainties.
Ferrari's stock has declined about 15% recently, creating a rare entry point with a valuation of 28-31x forward earnings. The company’s cautious approach to electric vehicles, targeting 20% EVs by 2030 alongside hybrids and internal combustion engine...
Ferrari N.V. is rated a buy following a 36% decline in its share price, supported by strong long-term earnings and revenue growth prospects. The company faces challenges in balancing its move toward electrification with maintaining its exclusive bran...
Shares of South Korean chipmaker SK Hynix soared over 250% in 2025, pushing its market value above $1 trillion for the first time, fueled by strong demand for AI chips. U.S. chipmaker Micron also saw a significant rally after UBS tripled its price ta...
Ferrari has unveiled the Luce, its first fully electric luxury car, featuring a monolithic aluminum body and an in-house four-motor powertrain that accelerates from 0 to 100 km/h in 2.5 seconds. The Luce introduces a new segment for Ferrari, emphasiz...
Ferrari unveiled its first electric vehicle, Luce, designed by notable designers including Apple's former Chief Design Officer. Despite high expectations, the launch met mixed reactions, causing Ferrari's stock to drop over 6% in Italy and 3% pre-mar...
