Ferrari is roaring into the electric era, even if many of its rivals are slamming the brakes. The iconic Italian supercar maker was set Monday to unveil the Luce, its first fully electric vehicle, in a high-stakes gamble that deep-pocketed buyers will shell out more than $586,

Paxton will face Democratic state Representative James Talarico in a high-profile race that could help decide control of the Senate and may become one of the most expensive in U.S. history.

The Luce (pronounced “loo-chey”, Italian for “light”) is priced for the super-wealthy, at €550,000 (£476,000), with an electric motor for each wheel and the ability to get from zero to 100km/h in 2.5 ...