Electric Vehicle LaunchConcerns exist about the launch of the Electric Vehicle and whether this model might not be as appealing to clients as ICE and hybrid models.
Growth GuidanceMedium-term top line and earnings guidance provided came in below expectations, particularly concerning the sales growth trajectory.
Valuation ConcernsThe Ferrari share price is down -17% YTD, mostly a function of its valuation multiple contracting and, to a lesser extent, earnings consensus expectations being revised downwards.