Ferrari stock falls after unveiling of Luce, a new $640,000 EV designed by Jony Ive
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Ferrari has unveiled the Luce, a new electric vehicle with a price tag of $640,000, designed by Jony Ive. The unveiling of the Luce has been followed by a decline in Ferrari's stock. The Luce is a luxury electric vehicle with a high price point, and its impact on the market is already being seen in Ferrari's stock performance.