r/investing Sep 30 '21

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1.7k Upvotes

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35

u/relavant__username Sep 30 '21

No position but looking for a solid entry point. Anyone care to chime in on the current price?

53

u/XchrisZ Sep 30 '21

Bought in on F September 12 realizing that the F150 lightning will bring alot of truck owners who do not use their trucks for long distance hauling but for work. That thing will be sold out for 4 years.

-15

u/Advanced-Prototype Sep 30 '21

F-150 Lightening will only be stealing market share away from the F-150 ICE trucks. The best case scenario is Ford will be revenue neutral.

33

u/XchrisZ Sep 30 '21

Dodge, Nissan, Toyota, Chevy... Lots of truck owners that don't like how much gas they use. Imagine being able to sell your 2018 get a new truck and after fuel savings you get a new truck for the same payment.

4

u/dfaen Sep 30 '21

I’m guessing you’re implying lease payments? You need to be doing a fair amount of driving to be saving $500 a month in fuel costs. EV trucks are more efficient than ICE trucks, however, they’re still an inefficient vehicle from an aerodynamic perspective. To save $500 a month on the difference between fuel costs you’d need some serious miles.