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Motor1
Motor1
Business
Anthony Alaniz

Wall Street Isn't Loving Ferrari's First EV

The future of Ferrari is here, and the five-passenger Luce EV appears quite controversial. Shares for the automaker fell Tuesday, the day after the Italian carmaker unveiled its first electric car.

The Luce is a massive departure from Ferrari’s current lineup, which farmed out the interior and exterior design to LoveFrom, the firm headed by former Apple Design Chief Sir Jony Ive. The new car’s radical design is not sitting well with shareholders, CNBC reports.

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