Ferrari's first ever electric car sold for record $40m at auction - BBC

“Ferrari unveiled its first fully electric concept, the Luce, and a one‑off model fetched $40 million at a charity auction in Monterey, setting a record for an EV. The sale underscores the growing appetite among high‑net‑worth collectors for sustainable supercars and signals that luxury electric vehicles can command premium prices comparable to classic gasoline‑powered Ferraris. Why It Matters: The transaction highlights a shift in the ultra‑luxury market toward electrification, encouraging U.S. manufacturers and investors to accelerate EV development for high‑performance segments. It also suggests that future auction houses and secondary markets may see increased valuation of rare EVs, potentially influencing collector behavior and financing models in the United States.”