This week, Ferrari offered a glimpse of its first all-electric car, which will be called Elettrica. The car is supposed to go on sale — to those who can afford it — in the fourth quarter of 2026. At a capital markets event last week, the automaker said the car will have an electric motor for each wheel with a combined output of more than 1000 horsepower — enough to propel it to 100 km/h from a standing start in 2.6 seconds. Top speed is said to be 310 km/h (192 mph).
But that wasn’t really what investors were there to hear. They wanted to know how the company plans to address the electric car future and were disappointed to learn that now the product mix will be 20% BEVs, 40% hybrids, and 40% combustion engines. Shortly after the meeting, its share price plunged by 11%, according to Germany’s Manager Magazin. Ferrari already has hybrid models in its lineup and plans to launch four new models every year until 2030.