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FERRARI FIRST EV
87-year-old Florida billionaire who bought Apple at its IPO spends $40 million on Ferrari’s first EV designed with Jony Ive, making history with one-of-a-kind Luce bought at auction87-year-old billionaire Herbert A. Wertheim, an early Apple investor, has spent $40 million on Ferrari’s first fully electric production ca...- Ferrari’s first electric car sells for $40 million at auction, nearly 40 times its $1.1 million estimateIn a landmark auction, Ferrari's debut electric car, the 2026 Ferrari Luce, achieved a staggering $40 million, setting a new precedent in c...
- Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
- Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- It ain't a Ferrari, if it don't look FerrariThe debut of Ferrari's electric supercar, Luce, is turning heads in the automotive world. With a design that diverges from the classic Ferr...
- Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
- Ferrari eyes faster India expansion on back of EU-India FTA boostFerrari anticipates accelerated growth in India, driven by a significant reduction in import duties following the EU FTA. The company is en...
- Ferrari Q4 Results: Carmaker beats estimates, sees core profit growing this yearFerrari on Tuesday forecast at least a 6% rise in core earnings in 2026, supported by new models, and posted fourth-quarter 2025 results t...
- From Tesla to Porsche: The winners and losers of 2025 in carsThe automotive year 2025 marked a boom for supercars and luxury vehicles, with brands like Ferrari, Bugatti and Lamborghini enjoying major ...
- Ferrari lifts the hood on first EV as it trims broader planFerrari has offered a glimpse of its first electric car, the Elettrica, boasting over 1,000 horsepower and a 0-100 kph time of 2.5 seconds....
- Worst trading day? Ferrari stock plummets 13%, most since 2016 on poor guidance - key pointsFerrari stock fell sharply after the company gave cautious earnings and electric vehicle plans, disappointing investors. The first EV, Elet...
- Xiaomi made a cheap Ferrari EV. Who needs Porsche?Xiaomi's YU7 launch has sparked concerns for Western automakers, boasting impressive technology and affordability. While currently focused ...
- Ferrari delays second EV model as demand slowsFerrari has postponed its second electric vehicle. The original plan was to release it in 2026. Now, it is expected no sooner than 2028. Th...
- Sales of Ferrari's first EV to start in October next year, CEO saysThe world premier of the new EV model will take place in the spring of next year, while its sales will start in October 2026, CEO Benedetto...
- The $459,000 Ferrari 12Cilindri sports car will be a new classicFerrari's 12Cilindri, debuted outside Italy, features a naturally aspirated V-12 engine with 819 horsepower and a luxurious, stylish design...
- £315,000 Ferrari supercars growl a warning for EVsSince going public in 2015, the Italian company has expanded both the volume and variety of cars it sells, while preserving exclusivity by ...
- Ferrari’s first Electric Vehicle to be launched. Why does it cost more than other e-vehicles?Ferrari has announced its decision to manufacture e-vehicles. The company’s entry into this space comes at a time when consumers are moving...
- Ferrari's first electric car to cost over $500,000, source saysThe Italian brand, Ferrari, famed for its roaring petrol engines, has said it will launch an electric car late next year, and the planned p...
- With lift from 'big brother,' Aston Martin chases after FerrariStroll, Aston Martin's largest shareholder and executive chairman, who is also an avid fan of Ferrari, says after vehicle sales jumped 82% ...
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