A vehicle from Ferrari's first electric model, the Luce, is on display on the sidelines of the Pebble Beach Concours d'Elegance auto show. Photo: Andrej Sokolow/dpa (Photo by Andrej Sokolow/picture alliance via Getty Images)
\n\nFerrari’s first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California.
\n\nThe 2026 Ferrari Luce "Tailor Made," identified as "Chassis 0," is the first production chassis from the Italian luxury automaker’s new electric vehicle program, according to RM Sotheby’s.
\n\nThe one-of-a-kind Ferrari was sold during RM Sotheby’s Monterey auction, with all proceeds benefiting educational initiatives through the Ferrari Foundation, a 501(c)(3) public charity. The buyer’s premium was waived for the sale.
\n\nThe Luce marks a major milestone for Ferrari as the company enters the fully electric vehicle market. Ferrari has described the model as the first fully electric car in the Prancing Horse’s history.
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\n\nThe $40 million example was configured through Ferrari’s Tailor Made personalization program and features several details developed specifically for the vehicle.
\n\nIts exterior is finished in Madreperla Semi-Gloss paint, which Ferrari says produces iridescent reflections that shift from green to violet depending on the angle…
Original source: https://www.livenowfox.com/money
