Ford Slashes Electric F-150 Prices And Ramps Up Production Amid Competition With Tesla

Ford is lowering the price of some models of its electric F-150, known as the Lightning, by as much as $10,000, the automaker announced Monday after a series of price hikes over the past two years—as the automaker seeks to compete with electric vehicle giant Tesla. The Lightning was first released in 2021, marking a major milestone in the push for electric vehicles as the Ford F series is the nation’s most popular pickup truck line. Since then, Ford raised the price of the pickup trucks multiple times, a trend...