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How Ferrari bungled the design of its first EV

Business - Latest - Google News·How Ferrari bungled the design of its first EV·3 days ago
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For nearly 80 years, Ferrari occupied a unique cultural space where its cars were aspirational, even for people who resented those who could afford them. The price, the exclusivity, and the opacity of the buying process allowed Ferrari to sail above ordinary criticism. You might not be able to afford one, but you still wanted one. With the launch of the all-electric Luce this week , however, the company fell down to earth, drawing the ire of the internet in the form of derision, mocking memes , and AI slop . People compared it to a vacuum , a Magic Mouse, and, most insultingly, a Nissan Leaf . The Luce has arrived in a moment where wealth inequality and corporate excess have rarely been this visible or this resented. In that environment, a car that costs more than most people earn in a decade, yet looks like something bland and mass market, was always going to land hard. Ferrari has always sold desire across class lines.…

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