Breitbart
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'Remove the Prancing Horse': Ferrari Shares Drop 5% After Former Boss Slams Electric Vehicle
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Quality 62/100
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Ferrari's stock fell 5% following the unveiling of its first fully electric vehicle, the Luce, with former Chairman Luca Cordero di Montezemolo publicly criticizing the EV and its branding.
'Remove the Prancing Horse': Ferrari Shares Drop 5% After Former Boss Slams Electric Vehicle
Italian luxury automaker Ferrari saw its stock price tumble on Tuesday after unveiling the Luce, the company's first fully electric vehicle, marking a significant shift in the brand's traditional approach. Former Ferrari Chairman Luca Cordero di Montezemolo slammed the EV, telling reporters, “I hope they at least remove the Prancing Horse from that car."
The post ‘Remove the Prancing Horse’: Ferrari Shares Drop 5% After Former Boss Slams Electric Vehicle appeared first on Breitbart.
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