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

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Ferrari's first-ever electric car, the Luce, has sold at auction for a record-breaking $40 million. The sale marks a historic milestone for the iconic Italian automaker as it enters the electric vehicle market. The Luce's debut was not without controversy, as some critics argued the design strays from Ferrari's traditionally bold and dramatic aesthetic. The auction result nonetheless underscores strong collector and investor interest in Ferrari's electric debut.

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