Ferrari's stock drops nearly 8% as debut electric model sparks backlash

As its sports car rivals tap the brakes on a shift to EVs, Ferrari will take a leap into an uncertain era on Monday with the launch of its first fully-electric car, betting it can…

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 has rolled out its first fully electric car, named Luce (Italian for "Light"), marking a high-stakes shift by Italy's best known luxury sports car maker even as…

Ferrari’s first five-seater, the Luce, aims to appeal to families with deep pockets

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

"We are lost in translation with Ferrari's new strategy."

Ferrari has unveiled its first fully electric car, the Luce, in Rome — but the €550,000 five-seater's design drew widespread criticism online and sent the company's shares sliding…

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

Some analysts question whether design of Luce, starting at $640,000, lives up to sportscar car brand’s heritage

La reacción de los analistas penaliza al fabricante italiano

Ferrari shares fell 7% in Milan after the Luce reveal drew online mockery and design criticism, wiping GBP 3 billion from market cap despite 1,036 hp and 60 new patents.

Ferrari (RACE) dropped 6.27% in Milan after the Luce EV unveiling drew brutal reactions — but we've seen this movie before with the Mustang Mach-E.

Ferrari launched its first fully electric car, the four-door Luce, featuring 1,000+ horsepower, a 500km. range, family-friendly design, and high-tech luxury for $640K.

Ferrari perde quasi l’8% in Borsa dopo la presentazione della Luce, la prima elettrica del Cavallino. Analisti divisi su prezzo e design

Ferrari's stock drops nearly 8% as debut electric model sparks backlash

Ferrari drops 5.3% as it reveals the 'Luce,' its first $640k EV with Jony Ive. Investors weigh luxury EV strategy vs. market drops.

Online commentators have called the Luce “an insult to the marque” and “hideously underwhelming”.

Ferrari’s $650,000 Luce electric car’s design was said to be outside the luxury supercar maker’s usual traditions, but is likely to succeed anyway, according to analysts.

ROME - Italian luxury carmaker Ferrari has unveiled its first fully electric model, the Luce, belatedly joining rivals like Porsche and Lamborghini to offer clean-energy driving…