First Ferrari Luce EV sells for $40 million, 36x its estimate

Ferrari's first electric vehicle, the Luce, sold for $40 million at auction. The buyer is an 87-year-old Florida billionaire who has owned Apple shares since the company's IPO. He is known for never selling his investments. The car was designed by Jony Ive, known for his work on the iPhone. The sale took place at the Monterey auction. The buyer's identity and the car's design are emphasized. Coverage from The Times of India and CarBuzz mentions the buyer's history of holding investments.

The car's design by Jony Ive is noted by The Times of India. The sale price and the auction event are emphasized by BBC News and FOX 13 Tampa Bay. The car's controversial status is mentioned by Car Magazine and inc.com. The buyer's identity is not specified by all outlets. The car's design and the buyer's history are not emphasized by all outlets. The car's controversial status is not mentioned by all outlets. The buyer's identity is not specified by all outlets.

The car's design and the buyer's history are not emphasized by all outlets. The car's controversial status is not mentioned by all outlets. The buyer's motives for purchasing the car are not specified. The car's future use or display plans are not specified. The car's technical specifications and features are not specified. The car's design process and Jony Ive's involvement are not specified.