Ferrari shares plunged by more than 8% as investors and critics reacted coolly to the Italian luxury sports carmaker's new Luce electric car, questioning whether it remained true to the brand's identity. READ:
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Ferrari shares plunged by more than 8% as investors and critics reacted coolly to the Italian luxury sports carmaker's new Luce electric car, questioning whether it remained true to the brand's identity
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Ferrari has executed this exposure campaign with remarkable skill.
What originated as a limited discussion among a small circle of enthusiasts yesterday has, within 24 hours, captured widespread attention across the public consciousness. Through precise orchestration, the brand has engineered a significant cultural resurgence—elevating quiet interest into broad fascination and effectively revitalizing its iconic status. A masterclass in brand revival. A classic bad press is good press.
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Ferrari's new $640K electric car already a massive fail - and looks just like a $30K Nissan: 'Monstrosity'
Ferrari said the goal of the Luce EV’s design was to achieve the lowest coefficient of drag.
The Luce has a 0.254 Cd.
For some comparison:
• Model S: 0.208 Cd
• Model 3: 0.219 Cd
• Model Y: 0.23 Cd
• Model X: 024 Cd
Just proves that having the lowest possible Cd doesn’t mean you have to design an ugly car.
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Ferrari has unveiled its first-ever all-electric car, the Ferrari Luce, priced at around $640,000.
>Quad-motor all-wheel-drive powertrain delivering over 1,000 horsepower in boost mode
>Acceleration from 0-62 mph in 2.5 seconds and a top speed of 310 km/h
>122 kWh 880V battery providing up to 530 km of range
>Advanced aerodynamics with the lowest drag coefficient in Ferrari history
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Ferrari has just officially unveiled its first ever all-electric car, called the Ferrari Luce.
• Starting price: $640,000
• Interior co-designed with Apple's former head of design, Jony Ive
• Range: 280 miles (expected EPA)
• Peak charging speed: 350kW
• 122 kWh battery
• 1,050 horsepower
• 0-60mph: 2.4s
• 800v
• Four-door four-seater
• Four electric motors
• OLED screens
• Weight: 4,982 lbs
• Front motors spin to 30,000 rpm, rears hit 25,500 rpm
• Car uses an accelerometer to capture real vibrations from the electric motors & rear chassis. An algorithm filters out unpleasant frequencies and amplifies only the more “musical” sounds. This can be heard inside and outside the car.
• Paddle shifter on steering wheel changes how aggressively torque is delivered, with five different levels
• The trunk has 21.1 cubic feet of space, the largest luggage capacity the company has ever offered
• 197.6 inches long, about as long as a Tesla Model S
U.S. deliveries start in Q2 2027. More photos in the thread below:
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The Ferrari Luce has endured a full frontal assault since the company unveiled the long-awaited addition to its lineup this week
Former Ferrari chairman Montezemolo tears the new electric Ferrari “Luce” apart:
“I cannot say what I really think: I would harm Ferrari. We risk the destruction of a legend. So sorry. Take the Prancing Horse off. At least the Chinese won’t copy this car”
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From Ferrari's electric bet to Samsung's major union deal, we round up the tech and innovation stories making headlines this week