Post by Augustine Chiagozie (@pabloexchange)
๐ Ferrari EV Sparks Sharp Criticism and Stock Drop
Ferrari's upcoming electric Luce, priced at $645,000, faces harsh criticism from former chairman Montezemolo, who warned it could damage the brand's legacy.
He said, "I cannot say what I really think: I would harm Ferrari. We risk destroying the legend. Very sad. Remove the prancing horse emblem."
The launch caused Ferrari's shares to drop 8.5% in one day.
The Nissan Leaf costs $35,000.
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