Ferrari's inaugural EV sold for $40M

A Ferrari electric vehicle, the Luce, sold for $40 million at an auction in Monterey, California, with proceeds supporting the Ferrari Foundation's educational initiatives. The one-of-a-kind car is the first fully electric model in Ferrari’s history, featuring bespoke design elements and a unique "Chassis 0." It is scheduled for delivery in the first quarter of 2027 after returning to Ferrari’s headquarters in Italy.

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