Signal · Supply Chain & Logistics
Ferrari's first all-electric car sells for record $40 million at auction
What the source reported
Source-reportedFerrari's first all-electric vehicle sold for forty million dollars at auction. This sale established a new record for the most expensive new car ever sold. The Luce, a tailor-made electric model, faced criticism upon its unveiling in May. Ferrari's share price saw a drop after the initial announcement of the vehicle. The company recently raised its full-year guidance due to strong demand for limited-run models.
- Publication
- The Economic Times - Industry · Trade Publication
- Published
- 16th August 2026
- Original report
- economictimes.indiatimes.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supply Chain & Logistics
- Geography
- India
- Organisations
- None identified
- Collected
- 16th August 2026 · 22:08
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (34.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth