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Ferrari Luce Launch Sends Share Price Tumbling By Over Six Percent
Ferrari unveiled its first ever fully electric car on Tuesday, and the announcement sent the company's share price falling sharply within hours of the reveal. The car is called the Ferrari Luce, and it arrives after five years of development, according to the Maranello-based manufacturer. Ferrari had long resisted calls to move away from combustion engines entirely, making the Luce a significant milestone in the brand's long history. The luxury sports car maker priced the Luce at $640,000, which converts to approximately £474,320, placing it firmly among the most expensive road cars on the market. Formula 1 drivers Lewis Hamilton and Charles Leclerc both Featured in the launch campaign,...
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1h ago from Formula1News.co.uk
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