Ford's $20B MISTAKE | HALTS PRODUCTION | Episode 983
About this episode
Ford's recent decision to halt production of the F-150 Lightning marks a significant shift in their electric vehicle strategy, resulting in a staggering $20 billion write-off. The hosts discuss the implications of this pivot back to gasoline and hybrid vehicles, citing declining EV demand and high price points as key factors. They also explore the broader automotive landscape, including Nissan's struggles with aggressive sales targets and the impact on dealer profitability. This episode delves into the challenges facing major automakers and the potential consequences for consumers and the market.
Ford
"[114.2s] into the big, big, big story this morning, God, which is Ford walking back their electric vehicle ambitions"
Ford is a big car company from the U.S. that makes many different kinds of cars and trucks.
Ford Motor Company is an American automaker known for producing a wide range of vehicles, from trucks and SUVs to cars and commercial vehicles.
F-150 EV
"[180.0s] ... Ford dropping the F-150 EV in $20 billion pivot back to gasoline and hybrids. I'll give you the floor, Dad."
Ford’s F‑150 is the most popular pickup truck in America. The company announced a fully electric version, called the F‑150 EV, which would use batteries instead of gasoline.
The Ford F‑150 EV is an all‑electric version of Ford’s best‑selling pickup truck, designed to replace the internal‑combustion F‑150 with a battery‑powered drivetrain.
EV
"[180.0s] ... Ford dropping the F-150 EV in $20 billion pivot back to gasoline and hybrids."
An EV is a car that runs on electricity instead of gasoline. It uses batteries and electric motors to move.
EV stands for "electric vehicle," a car powered by one or more electric motors using energy stored in rechargeable batteries.
Tesla Model 3 Lightning
"[227.5s] So they, you know, I remember, we all remember the day that they announced the lightning. And it [234.4s] was like, okay, in the first 30 seconds, they had 150,000 deposits for lightnings."
The Lightning is a special, faster version of Tesla’s popular Model 3 car. It has stronger motors and better brakes so it can go quicker and handle tighter corners.
The Tesla Model 3 Lightning is a high‑performance version of the Model 3, featuring upgraded motors, larger battery packs, and track‑ready suspension for faster acceleration and handling.
Silverado
"are you also going to be pulling back your Silverado, your electric Silverado"
Silverado is a popular pickup truck made by Chevrolet. GM has been working on an electric version of this truck.
The Chevrolet Silverado is GM’s flagship full‑size pickup truck, available in both gasoline and electric variants.
Tesla Cybertruck
"They're not going to go to a cyber truck because eventually aren't they killing the cyber truck because sales are what everybody thought"
The Cybertruck is a truck made by Tesla that runs on electricity instead of gasoline. It looks very different from normal trucks and is part of the trend toward cars that don’t use gas.
The Tesla Cybertruck is an all-electric pickup truck announced by Tesla, known for its futuristic design and stainless‑steel exoskeleton. It represents a major shift toward electric vehicles in the pickup segment.
Nissan
"So I'm going to do one more and then I want to talk Nissan dad. So give me a second here."
Nissan makes many popular cars like the Altima, Sentra, and Rogue. They’re a well-known brand that sells vehicles all over the world.
Nissan is a Japanese automotive manufacturer known for producing a wide range of vehicles, from compact cars to SUVs and trucks.
Dodge
"...Nissan and then Chrysler Dodge Jeep ramp, like, they're in a class of their own..."
Dodge is a U.S. car brand that makes sporty cars like the Dodge Challenger and powerful trucks.
Dodge is a brand under Chrysler, known for muscle cars like the Challenger and high-performance models.
Chrysler
"...Nissan and then Chrysler Dodge Jeep ramp, like, they're in a class of their own..."
Chrysler is a U.S. car company that makes cars and trucks, including the Dodge Charger and Jeep Wrangler.
Chrysler is an American automaker that owns brands like Dodge, Jeep, and Ram. It focuses on SUVs, trucks, and sedans.
Jeep
"...Nissan and then Chrysler Dodge Jeep ramp, like, they're in a class of their own..."
Jeep is a U.S. car brand that makes rugged SUVs, especially the Jeep Wrangler.
Jeep is a brand under Chrysler, famous for off-road vehicles like the Wrangler and Grand Cherokee.
Jaguar
"...Sold my grandma's 23-year-old Jaguar. The saw, the smoggy steamer, two LCL Toyota DLR 4 1300."
Jaguar makes fancy cars that are known for their style and performance.
Jaguar is a British luxury car manufacturer famous for models such as the XF, F-Type, and E-PACE.
TRD Pro
"...new four‑runner TRD pro for 84,000 with additional dealer markup."
TRD Pro is a set of upgrades that make a Toyota more capable on rough terrain.
TRD Pro is a performance package from Toyota Racing Development that includes upgraded suspension, brakes, and body kit for off‑road use.
Polestar
"Probably better as well for them as it's panning out for Polestar."
Polestar makes electric cars that are fast and stylish. They started as a performance offshoot of Volvo and now sell their own cars.
Polestar is a Swedish automotive brand that focuses on high-performance electric vehicles, originally part of Volvo’s performance division.
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