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This Ferrari Insider Increased Their Holding In The Last Year
Trump's tariffs are about to hit! European car manufacturers are collectively in trouble, but only ferrari "doesn't care about the wealthy."
① Trump once threatened to impose high tariffs on imported commodities, raising concerns in europe's autos industry, but ferrari is an exception. ② Because ferrari's customers are not sensitive to price, ferrari may be able to easily pass on the tariff costs and continue production in Italy. ③ In contrast, Porsche, also a luxury car, may face greater tariff pressure and will find it difficult to pass on all the costs.
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Ferrari's $4 Million Car Will Supercharge the Stock. The Auto Maker Is Leading the Luxury Pack. -- Barrons.com
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james323 : Low-key, low-key.