Brisbane Times
·general
·1 hour ago
Ferrari's first electric vehicle faces backlash from industry leaders and shareholders
Ferrari unveiled its first electric vehicle this week to scathing reviews from industry figures and social media users, with former boss Luca Cordero di Montezemolo calling it a threat to the brand. The $900,000 Luce, designed by former Apple chief Jony Ive, can accelerate to 100 km/h in 2.5 seconds. Ferrari's stock price dropped approximately 8 percent following the announcement.
Summary by Glance · Brisbane Times
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