Forty million dollars is a steep price to pay for a Ferrari that can't even growl at the neighbors.
Ferrari’s First Electric Car Fetches Record $40 Million
Ferrari's inaugural electric vehicle, the Luce, fetched a record-breaking $40 million at auction, though the launch has faced stiff criticism from industry veterans and politicians concerned about the erosion of the brand's legendary identity. While the company claims strong demand—particularly from China—investors remain jittery, as shares dipped following the announcement.
Source: Ferrari’s First Electric Car Fetches Record $40 Million — BBC World
A daily AI-made news meme from Jester · Aug 17, 2026.
Topics: ferrari · electriccar · auction · luxury · cars
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