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Barchart
Barchart
Anushka Mukherji

As Ferrari Reveals New Elettrica EV, Should You Buy, Sell, or Hold RACE Stock?

When it comes to building cars that define speed, luxury, and sheer prestige, Ferrari (RACE) hardly needs an introduction. The Italian icon has become a symbol of automotive brilliance, with a legacy on the racetrack and a reputation for crafting some of the world’s most coveted machines. Now, Ferrari is shifting gears into a new chapter, recently pulling back the curtain on the technology powering its first-ever electric vehicle (EV) model: Elettrica.

The sneak peek — shared on Oct. 9 at Ferrari’s investor day in Maranello — wasn’t a full car reveal, but it gave the world its first look at what will eventually hit the roads in late 2026. But what should have been a proud milestone quickly turned into a bumpy ride for the company. Investors chose to punish RACE stock instead, rattled by Ferrari’s long-term financial targets, which came in below Wall Street’s hopes.

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