Ford Motor Co. (
F) - Get Report shares tested five-year highs Monday after the carmaker officially unveiled a commercial version of its popular all-electric F-150 Lightning truck.
Ford said the F-150 Lightning Pro, the first of its electrified vehicles that is purpose-built for commercial customers, will start with a list price of $39,974, including a federal tax credit of around $7,500, a figure that pegs it largely in-line with Tesla s TSLA planned cybertruck. Last week, Ford unveiled the mainstream version of its electrified F-150, the top-selling car in the United States, during a visit to a production facility in Dearbon, Michigan from President Joe Biden. ....