An avalanche of online memes make fun of the Luce’s design, and the company sheds $5 billion in market value.

The Ferrari Luce debuts with four electric motors making over 1,000 horsepower, a radical design, and a gorgeous interior. It costs over $620,000 to start.

The Ferrari Luce is here. The company's first EV costs 550,000 euros and looks like no Ferrari before it. It's bound to be polarizing.

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

Jony Ive, former Apple executive, is credited with designing the iMac's famous translucent case and the Apple Watch.

Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche P911_p.DE and Lamborghini…

The Ferrari Luce, which comes in a light blue, is being compared to a Nissan Leaf and a Kia.

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

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

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'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.

An avalanche of online memes make fun of the Luce’s design, and the company sheds $5 billion in market value.

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.

The Ferrari Luce, the brand's first EV, has sparked divided opinions. While some praise it, others worry it strays too far from Ferrari's iconic image. | World News

The new £474,320 Ferrari Luce is also the Italian brand's first ever five-seater, designed in collaboration with the LoveFrom agency founded by former Apple design chief Sir Jony…