Ferrari’s new $640K electric car already a massive fail — and looks just like a $30K Nissan: ‘Monstrosity’
Ferrari's new electric car, the Luce, has faced significant criticism since its unveiling. Priced at $640,000, many enthusiasts have compared its design unfavorably to the much cheaper Nissan Leaf. Despite its impressive performance specifications, doubts remain about its market appeal and the direction of Ferrari's electric ambitions.
- ▪Ferrari shares dropped 5% following the announcement of the Luce.
- ▪Critics have labeled the Luce a 'monstrosity' and likened its design to that of the Nissan Leaf.
- ▪The Luce is Ferrari's first five-seater electric vehicle, designed by Jony Ive's firm.
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Business Ferrari’s new $640K electric car already a massive fail — and looks just like a $30K Nissan: ‘Monstrosity’ By Taylor Herzlich Published May 26, 2026, 12:51 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Ferrari shares plunged 5% Tuesday as car fanatics called the brand’s new $640,000 electric vehicle a “monstrosity” – comparing the design to much-cheaper rides and bashing the brand for using tech to replicate the iconic engine growl. The “Luce,” named after the Italian word for light, is the Maranello, Italy-based sports car maker’s first-ever five-seater, designed by former Apple exec Jony Ive’s firm. Though the vehicle is equipped with half a ton of battery cells, it can hit 60 mph in around 2.5 seconds with a maximum speed of 192 mph.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.