Memes mocked the new model, analysts questioned its appeal and investors sold the automaker’s stock. A former Ferrari chairman warned of “the destruction of a legend.”
For help designing the fully electric car, Ferrari turned to the agency founded by Jony Ive, Apple’s former design chief, and the industrial designer Marc Newson.
The chip maker said its profit in its most recent quarter jumped 211 percent from a year earlier thanks to extreme demand from other big technology companies.