Ferrari's 1st electric Luce fetches $40 million at Monterey auction
Ferrari's first all-electric car, the Luce, has become the most expensive new car ever auctioned after selling for $40 million at Monterey Car Week in California.
The charity sale, run by Sotheby's, smashed the previous record of $26 million set by another Ferrari last year.
Luce: 1,050 cv, 70% CO2 cut
Unveiled in May 2026, the Luce starts at €550,000 ($636,356) and packs four electric motors for a total of 1,050 cv, meaning it can hit 310km/h and go from 0 to 100km/h in just 2.5 seconds.
Designed with Jony Ive's LoveFrom studio, it also features advanced driving tech and a big focus on sustainability: Ferrari cut CO2 emissions by 70% during production.
While some traditionalists were skeptical about an electric Ferrari, this record-breaking sale shows that innovation and luxury can definitely go hand in hand.