Ferrari’s first electric car just fetched $40M at auction after getting roasted for being a massive fail

Ferrari’s first electric car has fetched a staggering $40 million at a charity auction — shattering expectations after the radical new model was savaged by critics who said it betrayed the legendary Italian automaker’s identity. The eye-popping sale set a record for a new vehicle sold at auction, according to Ferrari — and came less than three months after the five-seater priced at $550,000 sparked a fierce backlash following its unveiling in May.
Reported by 1 outlet — New York Post. See all sources ↓
Ferrari’s first electric car has fetched a staggering $40 million at a charity auction — shattering expectations after the radical new model was savaged by critics who said it betrayed the legendary Italian automaker’s identity. The eye-popping sale set a record for a new vehicle sold at auction, according to Ferrari — and came less than three months after the five-seater priced at $550,000 sparked a fierce backlash following its unveiling in May. The Luce — Ferrari’s first fully electric production car — was developed with LoveFrom, the design firm founded by former Apple design chief Jony Ive and Marc Newson. Critics blasted the battery-powered Ferrari’s unconventional exterior and questioned whether the four-door grand tourer looked or felt like a Ferrari.
Read the full report at New York Post ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Ferrari’s first electric car has fetched a staggering $40 million at a charity auction — shattering expectations after the radical new model was savaged by critics who said it betrayed the legendary Italian automaker’s identity. The eye-popping sale set a record for a new vehicle sold at auction, according to Ferrari — and came less than three months after the five-seater priced at $550,000 sparked a fierce backlash following its unveiling in May.
- How widely is it covered?
- 1 outlet, average source rating 5.0/10.
- When was it last updated?
- 15m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
Ferrari’s first electric car just fetched $40M at auction after getting roasted for being a massive fail
Sources1TypeCoverageNew York Post