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The Economic Times
The Economic Times
Business

Ferrari's first all-electric car sells for record $40 million at auction

Ferrari NV's first all-electric vehicle defied criticism to sell for $40 million, making it the most expensive new car ever sold at auction.

The Sotheby's charity auction of the Luce "tailor made" at Monterey Car Week in California broke a record posted last year, when Ferrari's customized Daytona SP3 sold for $26 million, the carmaker said in a statement.

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