Overview
- The Wall Street Journal reports Ford is in active discussions to discontinue the F-150 Lightning, though no final decision has been made and the company cites healthy inventories.
- Production of the F-150 Lightning has been paused since October because of an aluminium shortage, with no restart date provided.
- Ford’s U.S. EV sales fell 24% year over year in October after federal incentives expired, and reporting cites large cumulative losses on its EV push since 2023.
- Tesla’s Cybertruck program head, Siddhant Awasthi, announced his departure on Nov. 10 after more than eight years at the company.
- Outside estimates put Cybertruck sales at just over 16,000 units through October, with roughly 5,400 in the third quarter and sharp year-over-year declines, as Stellantis shifts from a shelved all-electric Ram 1500 REV to a range-extended Ramcharger.