Ferrari’s first electric car sparks backlash, with ex-chair calling it a 'betrayal'; Shares fell over 8% after the unveiling as investors and officials questioned the design and the brand’s shift toward EVs amid wider industry setbacks

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…

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…

Il primo modello elettrico di Ferrari non convince il mercato. I dubbi dell’ex presidente Luca Cordero di Montezemolo: si rischia di distruggere un mito

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 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”.

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…

Controversial EV ‘risks destroying the myth’ of luxury carmaker as investors fear another Jaguar rebrand failure

Ferrari shares are falling a day after it unveiled its first electric vehicle, and first five-passenger car, wearing a strikingly controversial exterior design.