Jim Farley Explains Why Ford Cut the Price of the F-150 Lightning Without Mentioning the "Tesla Cybertruck"

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Jim Farley, CEO of Ford Motor Co. (NYSE:F), clarified the reasons behind the business.

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the cost of its F-150 Lightning electric pickup at the company earlier last month.

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The corporation reduced the cost of the F-150 Lightning, according to the CEO.

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In order to build an order bank for our present manufacturing rate, we increased the price of the F-150 by $10,000.

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the advanced Autopilot capabilities, every aspect .

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