

The amount represented a 42% increase year over year. The company reported that for Q3 of this year, it delivered 343,830 EVs (18,672 Model S/X and 325,158 Model 3/Y). Sure, its shares have gone on a rollercoaster ride - they are down around 48% in 2022 - but Tesla’s EV sales are still booming. When you think about pure-play EV stocks, Tesla is probably the first one to come to mind. Murphy has a ‘buy’ rating on Ford and a price target of $28, implying a potential upside of 91%. That brings Ford’s EV sales to 6,255 units for the month, representing a 102.6% increase year over year.

The company also sold 3,539 units of the Mustang Mach-E SUV and 654 units of the E-Transit van in November. The F150 Lightning isn’t the only EV in Ford’s lineup. Year to date, it has sold 13,258 units of the model. In November, Ford delivered 2,062 units of the F150 Lightning, which means the model continues to be America’s best-selling electric pickup. Hoover might not be pleased with his recent towing experience with the F150 Lightning, but the electric pickup truck is still selling like hotcakes. Here are 3 easy money moves to give your bank account a boost today Investing in art is a great hedge against inflation - and you don’t need millions to buy in Don’t missĪmericans might have to pay 16% more for car insurance in 2023 - try this free service to get a better deal Although EV stocks have largely pulled back this year, Wall Street still sees big opportunities in quite a few of them.

“You would be stopping every hour to recharge, which would take about 45 minutes a pop, and that is absolutely not practical.”īut does that mean it’s time to ditch electric vehicle stocks? Not necessarily. The video, titled “Towing with my Ford Lightning EV Pickup was a TOTAL DISASTER!” has now amassed more than 2.9 million views. This truck can’t do normal truck things,” Hoover says. “If a truck towing 3,500 pounds can’t even go 100 miles … that is ridiculously stupid. The test didn’t go well, as the new electric truck used up way more range than expected. In a viral YouTube video, Hoover tried to tow an old 1930s Ford pickup with his brand new Ford F-150 Lightning. But will the EV trend carry over to pickup trucks?Īccording to Tyler Hoover - who runs the Hoovie’s Garage YouTube channel with 1.45 million subscribers - an electric pickup truck might not be a great option if you need to tow something. It’s no secret that electric cars are becoming more and more popular these days. ‘This truck can’t do normal truck things’: YouTube star says towing with Ford’s new electric pickup is a ‘total disaster’ in viral video - but Wall Street still likes these 3 EV stocks
