Ive-Designed Ferrari Luce Sparks Polarized Reactions and a Market Shake

Apple’s decade-long car quest culminates in Ferrari’s Luce—an electric sedan designed by Jony Ive with a $640,000 price and limited range—that has sparked widespread mockery for its Apple-esque styling and departure from Ferrari tradition. The polarizing reveal triggered memes and criticism, while some praise the interior, and Ferrari’s stock slipped about 7% on the news.