Ferrari Unveils 5-Seat Fully Electric Car, Shares Fall

Bloomberg Bloomberg

Ferrari unveiled its first fully electric car called the Luce.

It is a five-seat model priced at €550,000 ($640,000) that marks a sharp break from the sports-car maker’s fuel-burning heritage.

Ferrari's shares fell in early Milan trading, suggesting investors were disappointed with the Luce’s look.

Bloomberg's Danny Lee reports. (Source: Bloomberg)

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