Ferrari Shares Plunge 15% After Disappointing 2030 Growth Outlook

Ferrari is advancing its hybrid technology with the launch of the 296 GTS, a plug-in hybrid sports car that signals the company's ongoing shift toward electrification. Despite this innovation, Ferrari's market performance has been mixed, with a significant share price drop following a conservative 2030 financial outlook and slowed electric vehicle (EV) ambitions, projecting only 20% of cars fully electric by 2030. The company's 2025 targets remain strong, with robust margins and high orders, but investors reacted negatively to the slower growth forecast and adjusted electrification plans. Complementing its technological advancements, Ferrari's Special Projects Programme unveiled the SC40, a one-off hybrid supercar inspired by the iconic F40, blending classic design with modern hybrid powertrain technology. Meanwhile, reviews of the Ferrari 296 GTB highlight its engaging hybrid V6 engine and smooth operation in various driving conditions, showcasing Ferrari's blend of performance and hybrid efficiency. Overall, Ferrari balances innovation and tradition while managing market expectations amid evolving automotive trends and investor scrutiny.