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Ferrari Slashes 2030 EV Goals, Stock Drops 16%

10/9/2025

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Story summary
  • Ferrari trims its 2030 EV share from 40% to 20%, signaling a revised strategy.
  • The Elettrica, Ferrari's first electric car, is unveiled, and a 16% stock drop follows.
  • The 2030 revenue target is €9 billion, below analysts' expectations. Ferrari plans four models annually from 2026 to 2030.
  • At Capital Markets Day, CEO Benedetto Vigna described targets as achievable.