Ferrari shares drop on weak forecast ahead of electric car launch
NegativeU.S News

Ferrari's shares have taken a hit following a disappointing forecast as the company scales back its electric vehicle ambitions ahead of a much-anticipated launch. This news is significant as it raises concerns about Ferrari's ability to compete in the growing EV market, which is crucial for the future of the automotive industry. Investors are watching closely to see how this will impact the brand's reputation and sales.
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