Ford CEO Jim Farley Touts F-150 Lightning's Readiness To Rival Tesla Model Y

Benzinga2022-02-04

Ford Motor Co CEO Jim Farley said on Thursday the company's hotly-anticipated electric pickup truck F-150 Lightning has enough demand to match that of Tesla Inc’s mid-size electric sports utility ...

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TCL
2022-02-04
TCL
hi
TT75
2022-02-04
TT75
Question is, would it ramp up
- TCL:
  hi

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The full-size electric pickup is priced at $39,974 for the base model with a range of 230 miles for the standard range.The automaker had last month said it will double electric vehicle production to 600,000 units by 2023 to meet high demand.Q4 Earnings: Ford reported adjusted earnings of 26 cents for the fourth quarter, significantly lower than the analyst of 45 cents a share. Automotive revenue was $35.3 billion during the quarter, below the estimate of $35.5 billion.Ford said it expects global vehicle deliveries to increase by a range of 10% to 15% this year. It forecast pretax profit to rise 15% to 25% to a range of $11.5 billion to $12.5 billion in 2022.The automaker said it expects to hit 8% pretax profit margin in 2022, a year ahead of schedule.Why It Matters: Tesla sold nearly a million electric vehicles globally in 2021. The Elon Musk-led company delivered and produced a total of 911,208 and 906,032 Model 3 and Model Y vehicles, respectively.Tesla does not break down individual delivery or production volumes; the Model 3 is the most affordable electric vehicle in its lineup.Price Action: Ford shares closed 3.6% lower at $19.9 a share on Thursday and were down 4.2% after hours.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":633849862,"gmtCreate":1643959693261,"gmtModify":1643959693409,"author":{"id":"3582010680148109","authorId":"3582010680148109","name":"TCL","avatar":"https://static.tigerbbs.com/62d38414e68f4ee8b0a1a258bfa7b272","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/633849862","repostId":2208660319,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":633824064,"gmtCreate":1643951844327,"gmtModify":1643951859860,"author":{"id":"3575366246928299","authorId":"3575366246928299","name":"TT75","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Question is, would it ramp up","listText":"Question is, would it ramp up","text":"Question is, would it ramp up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/633824064","repostId":2208660319,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7229355,"gmtCreate":1643959701320,"gmtModify":1643959701436,"authorId":3582010680148109,"author":{"id":3582010680148109,"authorId":3582010680148109,"name":"TCL","avatar":"https://static.tigerbbs.com/62d38414e68f4ee8b0a1a258bfa7b272","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":633824064,"type":1,"supId":0,"prevId":0,"content":"hi","text":"hi","html":"hi"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":6,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2208660319"}