Even though its reveal shocked audiences around the world on Memorial Day, the Ferrari Luce electric vehicle still generates attention for its looks, price, and sales figures. That continued this weekend with the first example selling for way more than its roughly $640,000 starting price. Way, way more.

As part of Monterey Car Week, the first production Ferrari Luce, identified as “Chassis Number 0” according to RM Sotheby’s, was sold on Saturday, and the winning bid was $40 million . Lot #345 at the Monterey Car Auction is a Ferrari Tailor Made model painted in an “exclusive Madreperla Semi-Gloss finish.” It has a black canopy roof, and an…

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