The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Ferrari unveiled the Luce model, the company's first fully electric vehicle, priced at $640,000. The electric car received a test drive from the Pope at Castel Gandolfo, but Ferrari's stock plunged 8.4% in Milan after critics claimed the car doesn't embody the Ferrari spirit. Meanwhile, Lamborghini CEO Stephan Winkelmann stated that the company's decision to cancel its all-electric vehicle plans was the right choice.