BIT:RACEAuto
Ferrari (BIT:RACE) Valuation Check As Luce Electric Launch Puts Growth Expectations Under Scrutiny
Ferrari’s Luce launch puts the stock under a new kind of spotlight
Ferrari (BIT:RACE) has stepped firmly into electric vehicles with the Luce, a four door, five seat model that has stirred debate over brand identity, early customer demand, and recent share volatility.
See our latest analysis for Ferrari.
The Luce launch and recent Formula 1 headlines have arrived during a bumpy period for the stock, with the share price down 5.6% year to date at €298.6 and the 1 year total shareholder return...