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‘Remove the Prancing Horse’: Ferrari Shares Drop 5% After Former Boss Slams Electric Vehicle

Posted on May 26, 2026

Italian luxury automaker Ferrari saw its stock price tumble on Tuesday after unveiling the Luce, the company’s first fully electric vehicle, marking a significant shift in the brand’s traditional approach. Former Ferrari Chairman Luca Cordero di Montezemolo slammed the EV, telling reporters, “I hope they at least remove the Prancing Horse from that car.”

The post ‘Remove the Prancing Horse’: Ferrari Shares Drop 5% After Former Boss Slams Electric Vehicle appeared first on Breitbart.

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