Business 20 sources · over 4 days 25 articles

Ferrari's First Electric Car Sells for Record $40 Million at Auction

Ferrari's debut electric vehicle, the Luce, sold for an unprecedented $40 million at a California charity auction, highlighting both the brand's shift toward electrification and the polarizing response to its design.

Read the full story → · Latest coverage 19 Aug 2026, 6:23 pm UTC

Key moments · 7

Ferrari Luce faces harsh criticism and stock drop

The Telegraph ↗

First Production Ferrari Luce Goes for $40 Million

Gizmodo Tech ↗

Ferrari's first electric car sells for $40 million

Times of India ↗

Ferrari's first electric car sold for record $40m at auction

BBC World ↗

Controversial Ferrari Luce designed by Jony Ive sells for $40M

HotHardware ↗

Herbert Wertheim, 87, revealed as buyer of Ferrari Luce

elEconomista.es ↗

Mar-a-Lago billionaire buys $40m Ferrari, plans not to drive it

Daily Mail ↗

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  1. Ferrari’s first all-electric car sells for $40M, nearly 40 times initial estimate of $1.1M
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