Ferrari loses ₹41,000 crore in m-cap after unveiling its 1st fully-electric car

Ferrari's market capitalisation declined by over $4.3 billion (around ₹41,000 crore) on Tuesday as its shares fell more than 8%. The decline came after the luxury carmaker unveiled its first fully-electric car, 'Luce', designed by former Apple iPhone designer Jony Ive. The car was trolled online, with some critics arguing it "dilutes the supercar brand".