Ferrari stock drops 7% after Luce EV reveal as investors question design and strategy
Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehicle, at the Città dello Sport in Rome. The Luce is a four-door, […]<br /> This story continues at The Next Web [...]
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Ferrari’s CEO says the Luce deserves “respect.” Its former chairman says it deserves a different logo.
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'Somehow worse than I could ever have imagined': the new Ferrari Luce EV is getting a brutal reception, but legendary Apple designer Jony Ive has defended his choices — and there's one key decision most people agree with
The Ferrari Luce is here, and has attracted a wave of criticism online — though Ferrari may not mind too much. [...]