Selasa, 25 Juni 2024

The Nail in the ICE Coffin: Ferrari Goes Electric

WD Highly Engaged Send: EAC From 6/22/24
Wealth Daily

The Nail in the ICE Coffin: Ferrari Goes Electric

Dear Reader,

There may never have been a surer sign for bullishness in lithium stocks than this. 

Last November, the benchmark by which other supercar makers are judged, Ferrari, announced an all electric model by 2025

It is the oldest, the best known, the most revered, and when it comes to resale price and collectability, by far the most valued brand of race-bred street car in existence.  

ferrarigto

For those unfamiliar with the performance automobile culture, let me add a bit of perspective to illustrate how significant this is. 

In Ferrari's 85-year history, the company only put out 6 turbo-charged street car models — the first of which appeared in 1981 on the heals of the OPEC-driven gas-crisis. 

That might sound like a "so what" piece of data, but over the years, Ferrari has produced no fewer than 110 models, of 48 distinct types built for street driving. 

So out of 110 chances, the company only...

>>> Read the full article here.

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