Ferrari's Inaugural EV, the Luce, Commands Astounding $40 Million at Auction

The very first production Ferrari electric vehicle, dubbed the Luce, shattered expectations at an RM Sotheby's auction in Monterey, fetching an unprecedented $40 million. This sale price dwarfed its initial estimate by over 36 times and was significantly higher than its retail value. All proceeds from the historic sale are slated for charity.