Author: Joel Feder

Ford F-150 Lightning costs $51,990 after $9,979 price cut

2023 Ford F-150 LightningFord just brought the F-150 Lightning electric pickup truck a lot closer to the originally promised starting price. On Monday, Ford lowered the price of the F-150 Lightning by $9,979 on the base Pro model. It now costs $51,990, including a $1,995 destination charge. The pricing adjustment marks the first decrease after four price hikes since the...

Lordstown files bankruptcy, suing Foxconn

2023 Lordstown EnduranceLordstown Motors Corporation has fallen apart. On Tuesday, the electric truck startup filed for bankruptcy protection and listed itself for sale. The moves come after the automaker disclosed its Taiwan partner, Foxconn, was looking to back out of the needed funding deal. Lordstown said it's looking to sell the Endurance electric truck and related...

Ford CEO: “Cybertruck for Silicon Valley people”

2022 Ford F-150 LightningThe Tesla Cybertruck isn't keeping the man in charge of Ford up at night. On Tuesday, Ford CEO Jim Farley sat down with CNBC's Jim Cramer and talked EVs, the Blue Oval's partnership with Tesla, and the Cybertruck. Ford's F-Series lineup has been the bestselling vehicle in America for 41 years. It includes the F-150 Lightning electric variant...

Rivian R2 reveal coming in 2024, may cost about $40,000

Rivian R2 teasedThe Rivian R2 is still three years away, but we'll get to see it a lot sooner than that. On Thursday, Rivian Chief Financial Officer Claire McDonough spoke about the Rivian R2's pricing and timeline with Emmanuel Rosner from Deutsche Bank. McDonough revealed the R2 will be revealed in early 2024. The clay design bucks are in the design studio and...

2025 Cadillac Escalade IQ reveal set for Aug. 9 in NYC

2025 Cadillac Escalade IQThe electric luxury SUVs are coming and one iconic nameplate is preparing to enter the chat. On Tuesday, General Motors announced the 2025 Cadillac Escalade IQ will debut in New York City on August 9 as it teased the electric SUV's front lighting signature. The electric Escalade will have some styling cues in common with the gas-powered model. The...