Ferrari's First Electric Car, Luce, Debuts to Mixed Reactions and Stock Drop
Ferrari unveiled its first all-electric car, the Luce, which was met with mixed reactions and caused a significant drop in the company's stock before regaining some ground. The debut highlights the luxury brand's entry into the electric vehicle market amidst broader discussions about EV adoption and criticism from some Italian officials.
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Meet Luce, Ferrari's ₹5.5 crore EV entry. Not everyone is thrilled
The Ferrari Luce, the brand's first EV, has sparked divided opinions. While some praise it, others worry it strays too far from Ferrari's iconic image.
Read full article →Ferrari ridiculed over €550,000 EV as Luce branded ‘an aesthetic and technological insult’
Shares plummet as Italian firm unveils first electric car
By Hans van Leeuwen, Nick Squires
Read full article →Ferrari stock regains some ground after plunging following Luce's presentation
(ANSA) - ROME, MAY 27 - Ferrari's share price regained some ground in early trading on the Milan bourse on Wednesday, rising by 1.2%, after the legendary carmaker's stock plunged by over 8% on Tuesday, when its first all-electric car - Luce - got a frosty reception following its unveiling to the world. Analysts took issue with the design, considered by some to be distant from Ferrari's aesthetic traditions, and the high price. The Luce will go on sale with a list price of 550,000 euros and th...
By ANSA
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