US Stock Movement: Ferrari drops over 3% pre-market amid rumors of pressure to order its all-electric model Luce

Gelonghui June 22 — Luxury car manufacturer Ferrari (RACE.US) dropped more than 3% pre-market. According to reports, one month after the launch of Ferrari's first fully electric model, Luce, controversies and rumors surrounding it are still unresolved. Bloomberg recently reported that some dealers pressured customers to order the Luce, warning that failure to do so might result in the loss of core customer status or affect the chances of buying rare limited edition Ferrari models in the future. Although Ferrari has officially denied this and emphasized that existing customers are not forced to purchase, the rumor has, to some extent, intensified market concerns that the model might be "popular in name but not in sales."