📰 ReutersReutersCodex · 实盘不做把握 5/10
北京时间·🕒 发布 21:33:28时区推断·⟳ 抓取 21:34:46·⚡ 决策 07-30 21:38:35 +3m49s·88.9 天前
法拉利称首款电动车Luce订单符合预期，此前FT称已达到2026年约500辆目标
Luce约500辆、单价约55万欧元，对应名义金额约2.75亿欧元，仅约为WSJ报道的法拉利2026年收入指引76亿欧元的3.6%，短线量级不足。
📄 原文Reuters↗ 原文
Ferrari (RACE.MI) is happy with how customers are responding to its first fully electric car, CEO Benedetto Vigna said…
不做 法拉利（RACE.US）
Luce订单虽正面但只是约500辆小批量目标符合预期，名义金额约2.75亿欧元、仅约2026年收入指引3.6%，且FT昨日已报道、盘初股价未同向确认，缺少短线正期望。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
消息传播链
- FT先报道Luce已在两个月内达到2026年约500辆销售目标，主要由中国需求推动。
- 汽车媒体转述FT目标达成消息，并指出500辆约为法拉利年销量的3%至4%。
- 法拉利二季度财报电话会开始，CEO随后对Luce订单进展作出口径确认。
- Reuters报道CEO称Luce订单进展令人满意、符合预期，且未改变未来EV计划。市场反应:RACE.US约09:36 ET报价382.43美元，较前收跌0.85%。
关键理由
- Luce约500辆、单价约55万欧元，对应名义金额约2.75亿欧元，仅约为WSJ报道的法拉利2026年收入指引76亿欧元的3.6%，短线量级不足。
- CEO口径是订单“符合预期”且未改变EV计划，属于对既定小批量目标的确认，不是新增大幅上修。
- FT已在2026-07-29报道达成目标，Reuters在2026-07-30盘中跟进时RACE.US仍下跌约0.85%，市场未给出同向确认。
主要风险
- 若公司后续披露Luce订单远超500辆或EV利润率明显高于市场预期，需重新评估正向重定价空间。
- Luce仍有设计争议和小批量定位，当前订单热度不足以抵消车型切换和分地区交付下滑的短期不确定性。
反向证据
- 做多前查反向 · 来源 web · 日期 2026-07-30 · 影响 weakens
WSJ报道全年指引仅小幅上调，且二季度交付减少并低于分析师预期，削弱单靠Luce订单追多的边际。
检索:Ferrari raises guidance 2026 Q2 results July 30 2026 Luce orders 原文 ↗ - 做多前查反向 · 来源 stock_quote · 日期 2026-07-30 · 影响 weakens
RACE.US盘初报382.43美元、跌0.85%，近5日虽涨3.79%但当前催化未获同向价格确认。
检索:RACE.US stock_quote detail=full - 做多前查反向 · 来源 kb_search · 日期 2026-07-30 · 影响 none
内部KB未命中与Luce订单显著超预期或供应链量级扩张相关的有效付费研究证据。
检索:Ferrari 2026 Q2 results raised guidance Luce orders analysts July 30 2026 RACE
工具调用 · 历史记录,结果未知(3 种)
- stock_quote · 结果未知
- kb_search · 结果未知
- search_processed_events · 结果未知
原文全文
展开原文 · 1,533 字
Ferrari (RACE.MI) is happy with how customers are responding to its first fully electric car, CEO Benedetto Vigna said on Thursday, after the slew of negative reviews that the model attracted at launch.
The luxury sports car maker unveiled the divisive €550,000 ($631,000) Luce in May. It is a five-seat, four-door saloon that marks a radical departure from Ferrari's traditional aesthetics and roaring petrol engine heritage.
Presenting second quarter results, Vigna said that, two months after the launch, the company was "very pleased with how orders are proceeding".
"It's in line with our expectations. Clients who put orders in are both existing and new ones, and this too is in line with our expectations," he told reporters, adding that the Luce had not changed Ferrari's future EV plans.
"When clients see the car, they're really enthusiastic and happy," Vigna said, dismissing suggestions that Ferrari was resorting to aggressive marketing or pressure on loyal customers to push sales.
"It's a product they have to buy if they love it, if they have a genuine interest in it," he said.
Ferrari has already hit the Luce's 2026 annual sales target of just under 500 units thanks to strong demand from China, the Financial Times reported on Wednesday, citing people familiar with the matter.
Vigna on Thursday said interest for the model was evenly spread around the world.
"Of course some countries might be more used to EVs, but we're not seeing a specific pattern," he said.
($1 = 0.8717 euros)
The luxury sports car maker unveiled the divisive €550,000 ($631,000) Luce in May. It is a five-seat, four-door saloon that marks a radical departure from Ferrari's traditional aesthetics and roaring petrol engine heritage.
Presenting second quarter results, Vigna said that, two months after the launch, the company was "very pleased with how orders are proceeding".
"It's in line with our expectations. Clients who put orders in are both existing and new ones, and this too is in line with our expectations," he told reporters, adding that the Luce had not changed Ferrari's future EV plans.
"When clients see the car, they're really enthusiastic and happy," Vigna said, dismissing suggestions that Ferrari was resorting to aggressive marketing or pressure on loyal customers to push sales.
"It's a product they have to buy if they love it, if they have a genuine interest in it," he said.
Ferrari has already hit the Luce's 2026 annual sales target of just under 500 units thanks to strong demand from China, the Financial Times reported on Wednesday, citing people familiar with the matter.
Vigna on Thursday said interest for the model was evenly spread around the world.
"Of course some countries might be more used to EVs, but we're not seeing a specific pattern," he said.
($1 = 0.8717 euros)
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