Saturday, October 11, 2025

some retard thought it would be a good idea for Ferrari to make electric cars for 800k apiece, and the result is Ferrari stock lost billions. Not millions... Billions with a B

 Ferrari thought it would sell a lot of electric cars, 40% of annual sales

Some companies own millions of shares of Ferrari stock... 

Baillie Gifford, a British investment management firm, holds about 4.3 million Ferrari shares, a position that was valued at about $2.1 billion as of Wednesday’s close.

They lost 3 million, on just the one stock. In one day. 

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1 comment:

  1. Oldtom912:18 PM

    I could not believe this when I read it in the news. Do they think that people are going to buy their cars to go grocery shopping?

    ReplyDelete

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