Ferrari Luce EV Revealed; Stock Selloff and Mixed Reviews

Ferrari unveiled its first EV, the Luce, with 1035 hp, 2.5s 0-62, and a €550k price. The market reacted negatively, with a sharp stock selloff due to demand uncertainty. Reviews have been mixed, with design criticism. This marks a pivotal moment for Ferrari and the high-end EV segment, amid broader luxury brand backtracking on electrification.