RACE stock news · Ferrari N.V.
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Get alerts for RACERoss Gerber thinks Tesla might only produce a few hundred Roadsters and calls the hovering feature a gimmick.
NeutralGerber says Ferrari has margins above other companies in the industry, but sees a ceiling on growth and calls its Luce a disaster. The story gives no new sales or profit figures, so it does not change Ferrari's outlook.
Andreas Halvorsen of Viking Global invests $817 million in Ferrari while reducing Tesla holdings by 78% during Q2.
Good for RACEViking Global's strategic shift in its portfolio, with a significant investment in Ferrari and a drastic cut in Tesla holdings, suggests a changing sentiment in the automotive sector. This could lead to increased volatility in both stocks as investors react to these moves.
The inaugural Luce EV production unit from Ferrari fetches $40 million at Sotheby's auction, surpassing its $1.1 million estimate by over 36 times.
Good for RACEFerrari's first Luce EV production unit was sold for an astonishing $40 million at auction, far exceeding its estimated value of $1.1 million. This sale not only showcases the luxury brand's appeal but also suggests a robust market for high-end electric vehicles, potentially boosting Ferrari's future sales and brand prestige.