Ferrari Shares Steady After EV Styling Spat And Prospects Appear Rosy

Ferrari unveiled its first electric vehicle, the Luce, but the design drew criticism and briefly pressured the stock.

Shares later steadied as analysts said the EV is a limited-risk addition that should not derail Ferrari’s profitability.

The launch is a key test of whether Ferrari can enter EVs without hurting its pricing power or luxury brand appeal.

Investor reaction suggests confidence that Ferrari can keep strong earnings even if EV adoption is uneven.