Ford slashes prices for F-150 Lightning electric vehicles due to cheaper raw materials, efficiencies

The sticker price on Ford’s F-150 Lightning electric pickup is being lowered by thousands of dollars due to increased plant capacity, falling costs for battery raw materials and internal efforts to scale production by the Detroit automaker. The price cuts arrive two days after Tesla said its first production Cybertruck electric pickup had rolled off the assembly line nearly two years behind the original schedule. Tesla originally said it would make three versions of the truck, ranging from about $40,000 to $70,000, but it's removed prices from the page where customers can decide whether to plunk down $100 and place an order.