
Ferrari unveils first electric vehicle and cuts 2030 EV sales target
A worker on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024. Bloomberg | Bloomberg | Getty Images Shares of Ferrari plunged more than 16% on Thursday after the luxury carmaker updated its full-year and 2030 guidance and scaled back its electrification ambitions. Analysts were disappointed…