From Cleanerwatt.
Rivian R1T demand is apparently down based on something that was written in Rivian’s Q2 2023 Shareholder letter, and now there are reports of Ford cancelling dealer stock orders in the USA and in Canada. Is this related to the Tesla Cybertruck, or is there another explanation?
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Ford dealers confirming to me as well. Great job here by CDG on breaking the story.
Question now is what’s being hit harder: demand or supply issues? Or both? Will reach out to Ford.
Lighting striked .. ? https://t.co/zLVOuE7eq2
— Brian Sullivan (@SullyCNBC) October 2, 2023
Ford F150 Lightning cancellations also impacting Canada 😳
(Photo cred @inked_investing) pic.twitter.com/9sDwIShOxM
— Car Dealership Guy (@GuyDealership) October 1, 2023
BREAKING:
Reports of Ford cancelling Lightning EV orders across the country (dealer stock)
Unclear just how wide-spread this is ATM.
Going to disclaim this post as *unconfirmed* until I get more details.
More to come pic.twitter.com/Dishn1cVsO
— Car Dealership Guy (@GuyDealership) September 29, 2023
https://jalopnik.com/trucks-and-suvs-are-now-over-80-percent-of-new-car-sale-1848427797
2022 U.S Pickup Truck Sales Figures By Model (With Rankings)
NOTE: The content found in this video should NOT be regarded as financial advice. I am not a financial advisor, and this is NOT in any way a recommendation or offer to buy or sell securities. While the information in this video is believed to be accurate at the time of recording, no guarantees are being made about the accuracy of the information presented in the video. As of the recording of this video, I am NOT invested in Tesla stock or securities, nor any other company mentioned in this video.
