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Ferrari Guidance Misses Expectations as EV Strategy Unveiled

The luxury automaker outlines its new electric vehicle roadmap while issuing financial guidance that falls short of market forecasts.

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Terms & Concepts
  • Electric Vehicle (EV): A vehicle powered entirely or partially by electric motors, using energy stored in rechargeable batteries.
  • Financial Guidance: Projected financial performance shared by a company to inform investors and analysts about expected results.