Ferrari's stock cratering after the Luce reveal tells the real story — investors know the brand's identity is combustion, scarcity and raw sound, not silent, 2,260-kg electric sedans. The 2030 revenue forecast came in nearly €800 million below analyst expectations, and the stock is already down 41% from its February 2025 peak. The design alone looks like something out of a video game, not a legendary racing marque.

There is a reason why manufacturers keep dropping these electric cars that nobody asked for. Europe's emissions laws penalize automakers whose entire fleets exceed strict CO2 averages, with fines reaching hundreds of millions of euros. Every EV sold lowers the brand's average, effectively buying permission to keep producing V8 AMGs and screaming ICE Ferraris. The twist is poetic: the EV enthusiasts' mockery may be preserving the worship of combustion icons.