The €550,000 five-seater drew comparisons to mass-market EVs on social media, with analysts citing design concerns and brand dilution fears

New York Times: Luce, priced at more than $850k, represents a huge gamble for the company.

Shares of luxury carmaker Ferrari fell sharply on Tuesday morning, shortly after the company launched its first fully electric vehicle.

Ferrari shares dropped 6% after unveiling its first fully electric vehicle, the Luce, in Rome