The €500,000 Luce earned a papal test drive at Castel Gandolfo — and an 8.4% stock plunge in Milan as critics said it doesn't "shout Ferrari."

Ferrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced over €500,000, aims to define luxury…

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

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