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The Pope rides a new electric car, Ferrari shares plummet (video)

Ferrari, the undisputed king of the global automotive industry and a symbol of speed and luxury, has reached a historic turning point. The legendary sports car manufacturer has unveiled its first fully electric hyper-hatchback, the Ferrari Luce. Interestingly, the honor of testing and evaluating this unique machine fell to some of the world's most influential figures.

Among the first passengers of the new electric car were Pope Leo XIV and Italian President Sergio Mattarella. However, despite the pontiff's blessing and the joy of the high-profile guests, the international stock market reacted unexpectedly negatively. Ferrari's stock prices dropped sharply.

We have compiled the details of this historic event that shook the automotive world, including the hypercar's incredible technical capabilities and the reasons behind investor anxiety, into one article.

A global presentation in Rome: From the Quirinal to Castel Gandolfo

Traditionally, the company unveiled its innovations at its headquarters in Maranello. But this time, the rules were broken. Created in collaboration with renowned designer Jony Ive's creative studio 'LoveFrom', this masterpiece was presented in Rome at the magnificent 'Vela' exhibition hall, designed by architect Calatrava.

Afterward, the Ferrari Luce took a tour through the streets of the capital:

  • Presidential reception: The car was first taken to the Quirinal Palace to meet Italian President Sergio Mattarella.

  • Papal visit: Then it headed to the pontiff's summer residence in Castel Gandolfo.

Both dignitaries sat in the electric car and praised the cozy, unique five-seater interior, which retains classic physical buttons instead of modern touch panels. Ferrari Chairman John Elkann described the meeting as 'an unforgettable moment that will be forever etched in the company's history.'

Speed and power: The technical miracles of the Ferrari Luce

For a brand known for the roaring sound of V8 and V12 engines, the approval of such a silent electric car by a religious leader carries great symbolic meaning. It was meant to prove that electric energy is not at odds with fierce traditions.

Technical specifications of the new hypercar:

  • Heartbeat (Motor): 4 independent electric motors, total 1035 horsepower, with a staggering torque at the wheels of 8000 N·m.

  • Intensity: It takes only 2.5 seconds to accelerate from 0 to 100 km/h.

  • Energy reserve: With a 122 kWh battery, it can travel up to 530 kilometers on a single charge (WLTP cycle).

  • Price tag: The cost starts at 550,000 euros . This is significantly higher than the average price of the company's standard models (440,000 euros in 2025).

Why are investors worried: A billionaire's toy or a new era?

However, even holy blessings could not convince the stock market. As soon as trading began, Ferrari shares fell by a record 8.37 percent (8.37 euros per share) and closed the day with a significant loss. The main reason was the lack of clear economic forecasts for future sales volumes provided by the company.

Global financial analysts are expressing serious doubts: will this electric vehicle, costing over half a million euros, find a mass audience, or will it remain a toy for billionaires? Its main competitor, the Porsche Taycan Turbo S, is sold for nearly half the price—around 200,000 euros.

Although CEO Benedetto Vigna claims this model will bring entirely new customers to the brand, market concerns remain. For our readers, orders for the new model have already begun. The first deliveries are scheduled for the fourth quarter of 2026.

If this model does not sell in the thousands, the company could easily lose market confidence. But if this electric revolution succeeds, Ferrari will maintain its status as a global trendsetter in fashion and technology—now with the Pope's white blessing! We will continue to follow these beautiful and fast developments, dear car enthusiasts!

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