Top Stories· August 17, 2026 at 02:22 a.m.
Ferrari's First Electric Car Sold for Record $40 Million

Key takeaways
- Ferrari sold its first electric vehicle for a record $40 million
- The sale marks Ferrari's entry into the electric vehicle market
- Some critics felt the Luce deviated from Ferrari's signature styling
Ferrari has sold its first-ever electric vehicle, the Purosangue SUV, for a record-breaking $40 million at an auction. The sale marks a significant milestone for the luxury car manufacturer as it ventures into the electric vehicle market. However, the launch of the Luce drew criticism from some commentators who felt it deviated from Ferrari's signature dramatic styling.





