Why people are losing it over Ferrari’s first all-electric car

Initial reaction to the Jony Ive-designed EV is that it doesn’t look much like a Ferrari at all.

Ferrari’s first-ever all-electric vehicle, the Luce, was designed to look “entirely new,” the company says, and so far the reaction to the new EV has been polarized.

Shares of the Italian luxury automaker fell in premarket trading Tuesday after Ferrari unveiled the car named........

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