Ferrari wanted to take on Chinese EVs with the Luce - then the backlash started

The brand's first EV has been heavily criticised, with some saying it has abandoned Ferrari's roots.

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Its launch was such a big deal that Italian President Sergio Mattarella and Pope Leo were invited to view the luxury brand's first electric vehicle (EV).

But internet critics, investors and even politicians have hit out at the Luce - which is Italian for "light".

The firm's shares fell 8% the day after the unveiling, as a host of memes mocked the $640,000 (£475,625) car, which is also its first five-seater.

It comes as the global motor industry faces a number of major challenges, including fierce competition from Chinese carmakers.