Ferrari unveils Luce, its first fully electric sports car, with a 329-mile range and top speeds over 180 mph after five years of development.

Ferrari shares fell sharply Tuesday after the Italian sports car manufacturer unveiled the Luce, its first fully electric vehicle, at a ceremony in Rome, triggering a wave of investor anxiety over the

Ferrari has presented its first fully electric car, marking a high-stakes shift by the luxury sports carmaker as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand.

The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers.

The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers.

The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers.

The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers.