Ferrari’s stock took a nosedive on Thursday, recording its worst trading day ever. Why? Because the company’s new guidance failed to wow investors — and its much-hyped electric future might not be as shocking as they hoped.
At its recent Capital Markets Day, Ferrari laid out updated forecasts, stretching all the way to 2030. But instead of inspiring confidence, the targets came off as cautious, even underwhelming. Analysts immediately questioned whether Ferrari’s growth engine is sputtering.
To make matters more dramatic, Ferrari also unveiled the tech behind “elettrica,” its first fully electric vehicle. Though visually striking, the EV reveal didn’t stoke the fire; many saw the rollout timeline and production goals as conservative — not bold.
Investors, expecting roaring ambition, saw a car idling instead. The result? A massive sell‑off and a slide in share price that marked a new low in Ferrari’s trading history.
If Ferrari wants to shift gear from heritage to high-voltage, it’ll need far more than styling and press releases—next moves will have to match the thunderous standards the brand is known for.
