Ford’s new electric truck, ‘Fathom,’ starts at $28,350
Due in “fall 2027,” Ford said Thursday that it won’t reveal what Fathom looks like until early next year.
Due in “fall 2027,” Ford said Thursday that it won’t reveal what Fathom looks like until early next year.
Ford’s CEO has described the new Ford Fathom as a “Model T moment” for the company. But the EV pickup is unlikely to live up to lofty expectations, and maybe it doesn’t have to.
The company struggled with quality issues when Gravity production started last year, and the new recall shows it’s not out of the woods yet.
The company’s deliveries in the first quarter were just 6% higher than last year, and Tesla now faces a third straight year of falling sales.
Tesla’s headcount fell from 21,191 workers to 16,506 workers in 2025, according to a report, as it grappled with its second straight year of declining sales.
The supplier issue also prompted Lucid to recall more than 4,000 Gravity SUVs. The company said it has resolved the problem and is not changing its guidance for 2026.
The most recent electric vehicle sales data provided a grim picture — at least for new EVs. Used EVs are moving in the opposite direction.
All resources at its U.S. factory are aimed at the upcoming Atlas SUV.
Slate auto burst onto the scene in April 2025. Here is a timeline that covers its origins, backers, product, and other new details.
Slate Auto’s latest funding round was led by existing investor TWG Global, a firm run by LA Dodgers owner Mark Walter.