Ferrari’s first ever electric car sold for record $40m at auction0

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• August 17, 2026

But Ferrari’s shares dropped the day after the Luce’s launch, following backlash over the car. Amongst those criticising the car were Italy’s deputy prime minister Matteo Salvini and former Ferrari chairman Luca Cordero di Montezemolo, who said the car was “risking the destruction of a legend”. Ferrari’s chief design officer Flavio Manzoni said in an