Ferrari Ex-Chairman Warns New Luce EV Risks ‘Destruction of a Legend’
BeInCrypto
Former Ferrari chairman Luca di Montezemolo criticized the new all-electric Luce, warning it could damage the brand's legendary reputation.Summary
Former Ferrari chairman Luca di Montezemolo has publicly criticized the company's new all-electric vehicle, the Luce, arguing that it threatens the brand's legacy. Despite CEO Benedetto Vigna defending the car as an act of innovative courage, the market reacted negatively, with Ferrari shares falling over 6%. The vehicle, designed by Jony Ive's studio, faces skepticism from both industry veterans and investors as the company balances its electric transition with traditional combustion engine production.
(Source：BeInCrypto)