Ferrari's electric car faces backlash amid AV regulation changes

Ferrari's new all-electric car, the Luce, has ignited controversy despite its high price and design by a former Apple veteran. Initial reactions have been largely negative, with comparisons to less expensive EVs and widespread criticism online. However, Ferrari's CEO remains optimistic, citing existing orders and drawing parallels to the successful Purosangue SUV, which also faced criticism at launch. Meanwhile, Texas is implementing new regulations for autonomous vehicles, requiring licensing and making testing data public, with Waymo leading in registered AVs. Several mobility startups also secured significant funding, including Ryde Technology, LiveWire, Matternet, and Revel, indicating continued investment in the EV and AV sectors.