Ferrari NV sits atop the luxury auto world, churning out envy-inducing machines that command seven figures and waiting lists stretching years. Yet its push into batteries has hit speed bumps. Management slashed long-term electric vehicle targets last year, sparking a stock plunge. Investors fretted over decelerating growth. But demand surges. Order books fill through 2027. Revenue climbed 7% to €7.1 billion in 2025, as reported by Yahoo Finance citing The Motley Fool . EBITDA margins hit 38.8%, up 50 basis points. Free cash flow from industrial operations doubled to €1.5 billion. Net debt remains tame, freeing cash for electrification without strain. Engineered scarcity defines the model. Ferrari limits output, dictates delivery dates, shuns discounts. Buyers pay premiums for personalization—20% of car revenue lately. This yields margins rivals envy. Guidance calls for 40% EBITDA by 2030, even as top-line growth slows to 5% annually through the decade. The pivot came at last October's capital markets day.…