{
    "success": true,
    "data": {
        "id": 1768216,
        "msgid": "ferraris-first-electric-car-faces-criticism-shares-drop-8-1779888179",
        "date": "2026-05-27 14:00:00",
        "title": "Ferrari's First Electric Car Faces Criticism, Shares Drop 8%",
        "author": "Teuku Muhammad Valdy Arief",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Business",
        "summary": "Ferrari's debut of its first fully electric vehicle, the Luce, has led to a 5.3% drop in US-listed shares, with Milan-listed shares falling over 32% in the past year. CEO Benedetto Vigna described the launch as a pivotal moment for the company, emphasising the need to respect new technology in design to appeal to both existing and new customers.",
        "content": "<p>Ferrari shares fell after the company launched its first fully\nelectric car, the Luce, on Tuesday (26 May 2026). The Italian luxury\nsports car manufacturer from Maranello unveiled the Luce at an event in\nRome. The name Luce means \u201clight\u201d in Italian, chosen to reflect the\ncompany\u2019s clarity and new direction. The launch marks a significant\nmoment for Ferrari, signifying a major shift from its traditional\nidentity centred on internal combustion engines, distinctive engine\nsounds, and classic sports car design. Ferrari\u2019s shares listed in the\nUnited States dropped 5.3%, while Milan-listed shares have plummeted\nover 32% in the past year. CEO Benedetto Vigna described the Luce launch\nas a \u201cvery, very important day\u201d for the company, stating it ushers in a\n\u201cnew chapter\u201d in its history. When asked if Ferrari could satisfy\nexisting customers and attract new ones, Vigna said the company must\nrespect the characteristics of new technology. \u201cWhen you adopt new\ntechnology, you must always remember the word \u2018respect\u2019\u201d, Vigna told\nCNBC. \u201cRespect the technology, because when you have new technology, you\nneed to ensure it is well represented in the design, so the design must\nbe different,\u201d he added. He is confident the Luce will remain appealing\nto existing customers while paving the way for new buyers.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ferraris-first-electric-car-faces-criticism-shares-drop-8-1779888179",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}