Ford stock surged as much as 10% on Tuesday after the automaker said it would nearly double its planned production of the F-150 Lightning …
Ford stock surged as much as 10% on Tuesday after the automaker said it would nearly double its planned production of the F-150 Lightning electric truck. The new target is for 150,000 F-150 Lightnings per year by 2023, up from a prior goal of 80,000 and an initial one of only 40,000. The accelerated push comes after Ford received upwards of 200,000 reservations for the electric pickup truck, which required a $100 deposit.
