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. 

https://www.barrons.com/articles/ev-ferrari-stock-price-elletrica-44817f3d
https://www.news.com.au/technology/motoring/motoring-news/ferrari-shares-crash-as-ev-falls-flat/news-story/a69a687e18546698a613d346760b8a4f
https://www.forbes.com/sites/tylerroush/2025/10/09/ferrari-shares-plunge-in-worst-day-ever-as-guidance-worries-analysts