Ferrari unveils its first all-electric car, the 4-door Luce - DW.com
Consumer
Ferrari unveiled its first all-electric vehicle, the $640K 4-door Luce, triggering a sharp ~5-7% selloff as the market reacted negatively to the design and brand-dilution fears. The controversy creates a potential buy-the-dip setup for a luxury brand with unmatched pricing power, but the selloff may not yet be exhausted.
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↑ LONG+5% target-3% stop2-4 weeks
Fade the RACE overreaction dip — buy near $320-325 as design controversy fades and Ferrari's pricing power thesis reasserts, targeting recovery toward $345.