Imani Moise

The city hasn't elected a Republican mayor in nearly three decades.

And today, fewer than 15 percent of Los Angeles city voters are registered Republicans.

The current mayor, Karen Bass, is running for re-election.

The latest polling shows she's leading the field.

Pratt and city council member Nithya Raman are battling for second place ahead of next week's primary.

The top two finishers will advance to a November election if no candidate wins a majority of votes.

And finally, are ultra-wealthy car buyers ready to trade horsepower for kilowatts?

Ferrari's first all-electric vehicle, the Luce, is a $640,000 car designed with former Apple designer Johnny Ive.

And it sparked an uproar.

Ferrari shares tumbled 8% today, wiping out more than $5 billion from the market cap of Europe's most valuable automaker.

WSJ reporter Ben Katz explains.

Ferrari stands for sports cars that you can hear before you actually see them.

But Ferrari's new EV doesn't have a combustion engine to rev.

And that's what's news for this Tuesday afternoon.

Today's show was produced by Anthony Bansi with supervising producer Talia Arbel.

I'm Imani Moise for The Wall Street Journal.

We'll be back with a new show tomorrow morning.

Thanks for listening.

Hey, listeners.

It's Saturday, May 23rd.