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Investors Scramble To Rerate Ferrari As Electric Turmoil Looms

Investors Scramble To Rerate Ferrari As Electric Turmoil Looms

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After Ferrari finally appointed a new leader, investors breathed a sigh of relief, before dumping the shares citing worries about how much money would have to be spent turning gas guzzlers into electric cars. Investors were thinking again about the sky-high luxury-goods type valuation of its shares.

...read full article on Forbes

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