Luca Cordero di Montezemolo

Ferrari's First EV, the €550,000 Luce, Sparks Market Rout and a Storm of Criticism from Former Bosses, Politicians, and the Pope

Ferrari's unveiling of the Luce, its first all-electric car, was met with an 8.4% stock crash and a wave of ridicule from a former president, politicians, and the public, who questioned its design, price, and departure from tradition.