Ferrari’s First EV Sells for Record-Breaking $40 Million at Auction

USFerrari

A 1962 Ferrari 250 GTO, originally a gasoline-powered vehicle, recently made headlines by selling for an astounding $40 million at auction. Despite sensationalized reports claiming it to be Ferrari's first electric car, the vehicle is definitively an internal combustion engine (ICE) classic, underscoring a common misunderstanding in media coverage surrounding EV technology and heritage.

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