Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits 
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
Ford Motor Co. raised the price of its F-150 Lightning electric pickup once again. The price increase was applied to the cheapest rate or starting price of the said model.
As a result, the price of the F-150 electric truck is now 40% higher since its launch, and this means, it cost almost $56,000 now. The original price was $39,974 when it was first unveiled in May 2021. The automaker’s latest price hike was eight percent which is equivalent to $4,000, and this was reflected in the new price posted on the company’s website.
It was noted that Ford Motor imposed price increases for its electric pickup twice already within just three months. It was said that the automaker has been raising the prices to deal with higher costs and supply chain hurdles, as per Reuters.
Moreover, while the price hike has been imposed, it is not clear when exactly it was set in motion. But the move follows closely after Ford Motor added a third work crew at its assembly plant to increase the production of the F-150 Lightning pickups.
The company is trying to boost the production of its electric pickup trucks to 150,000 units by the next fall. It said that this plan is on track, and the addition of a third shift of workers in its Michigan facility showed its determination to push through and reach the goal.
Aside from Ford Motor, other major automakers such as Tesla and Rivian are also said to be having difficulties with higher prices of raw materials. Thus, the higher costs may stay longer.
In any case, CNBC News received an email from the automaker’s spokeswoman as it requested for comments regarding the price hike. She said that the company adjusted its vehicle pricing “as a normal course of business due to rising material costs, market factors, and ongoing supply chain constraints.”
She added, “Demand for this breakthrough vehicle is strong and continues to grow, we will continue to monitor pricing through the model year.”
Finally, Ford Motor was only able to sell 13,258 F-150 Lightning models through the end of November.
Photo by: Jason Pischke/Unsplash
