SMH
·general
·1 hour ago
Ferrari's first electric car Luce faces backlash over design and price
Ferrari unveiled its first electric vehicle, the Luce, this week to scathing reviews from executives and politicians. Former Ferrari boss Luca Cordero di Montezemolo said the 550,000-euro car risked "destroying a myth," while Italy's transport minister criticized its aesthetic appeal. The backlash caused Ferrari's share price to drop roughly 8 percent.
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