Company Of The Day: Ford
What?
Ford (NYSE:F) raised the starting price of its electric F-150 Lightning electric pickup yet again. The entry model of the truck will cost almost $56,000, up about 8% from the previous pricing.
Why?
- With F-150 EV Production Cut 50%, What Lies Ahead For Ford Stock?
- What To Expect From Ford’s Q3 Earnings?
- Will Strong F-Series Sales Power Ford’s Q2 Results?
- Can Ford Stock Return To Its Pre-Inflation Shock Highs
- Higher Truck Sales Will Drive Ford’s Q1 Results
- Ford’s Q4 Results Were Tough, But Things Could Get Better
Ford has been raising prices for its EVs due to surging costs of raw materials and components. For perspective, the vehicle actually debuted at a $40,000 price in May 2021.
So What?
While Friday was a bad day for automotive stocks in general, Ford stock saw a sizable decline, falling 7%.
See Our Complete Analysis For Ford
| Returns | Dec 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| F Return | -13% | -42% | 0% |
| S&P 500 Return | -6% | -19% | 72% |
| Trefis Multi-Strategy Portfolio | -5% | -22% | 215% |
[1] Month-to-date and year-to-date as of 12/19/2022
[2] Cumulative total returns since the end of 2016