Could Ford beat Tesla at electric vehicles? The former is coming out with an electric truck in 2022 called the Ford F-150 Lightning. It’s a huge pickup truck run completely on electricity that can still haul your trailer, boat or whatever else you need. And it doesn’t look any different from a regular pickup truck, which will be good news for drivers who love the traditional model but want to be more eco-friendly. This could be an absolute game-changer for the electric vehicle market, and I’ll tell you why.
Ford vs. Tesla
First of all, Ford sells more F150s in the U.S. in one year than Tesla sells worldwide. I’ll say that again: Ford sells more of just one of their models in just one country than Tesla sells everything everywhere in that same timeframe.
Not to mention, Tesla has promised their Cybertruck for a few years now, but they still don’t have a release date. Now, the Tesla Cybertruck is much anticipated and could be better than Ford’s F-150 Lightning, but according to American marketing giant Al Ries: “It’s better to be first than it is to be better.” So, with this enormously popular pickup going on sale next year, what could this mean for Tesla and its future trucks? We’ll have to wait and see.
Electric vehicle market
Electric vehicles are undoubtedly the future, and huge companies like Ford can no longer get around it. With the recent gas shortage and President Biden’s push to move in the EV direction, we may be seeing more and more key players taking their popular models fully electric.
I legally cannot give you financial advice, but investors are getting excited about the EV market. Stock prices are relatively low right now, partially thanks to murmuring about inflation. But if we continue trending in this direction, they could see a bump in the future. What do you think about the EV market?