Ferrari presents its first all-electric car, but shares drop sharply on the stock market. Ferrari has officially revealed its first fully electric car.

Ferrari has unveiled its first fully electric car — a historic moment for the Maranello-based brand — but the financial markets have not reacted positively to the news. Despite the ambitious nature of the project, the company’s shares took a steep hit shortly after the presentation.

The highly anticipated project is now taking a more concrete shape. Earlier yesterday morning, Ferrari finally introduced its first-ever fully electric vehicle, marking a major step toward the brand’s future in sustainable performance. However, despite the excitement surrounding the event, the stock market reaction was far from encouraging.

Features revealed in the official presentation video

Through an interactive online platform, Ferrari presented the key features of this revolutionary car. “From 78 years of racing heritage comes the first fully electric Ferrari. Engineering excellence in every detail. Layer by layer, the anatomy of innovation takes shape. Designed entirely in-house, the front axle delivers 210 kW of power with 93% peak efficiency and a power density of 3.23 kW/kg. The Disconnect system smoothly transitions to rear-wheel drive, maximizing efficiency,” the company explained.

“Pushing technology beyond all limits, the permanent magnet synchronous motors deliver exceptional torque and power density thanks to a design inspired by the world of motorsport, featuring optimized geometries and high-performance materials.”

“Four independent motors share the same advanced architecture, ensuring instantaneous response and full control over each wheel. The rotor adopts a Halbach array configuration, derived from Formula 1 and used for the first time in a road-going sports car, maximizing torque density while reducing overall weight. Fully developed by Ferrari, these electric motors represent the perfect fusion of premium materials and innovative architecture. Capable of absorbing up to half a megawatt of power, the battery ensures true sports car performance without thermal compromises. This powertrain is engineered to amaze like never before. The first Ferrari Electric takes innovation beyond every boundary. The emotion continues — get ready to experience the next chapter,” the presentation concluded.

The stock market reaction is negative

Meanwhile, the company’s performance on the stock exchange has been anything but encouraging. By 14:42, Ferrari’s shares had dropped by 13.42% on the FTSE MIB, marking one of the worst results since 2016. These figures were certainly not what the Prancing Horse management expected to see following one of the most eagerly anticipated announcements of the year.