TECH - Tesla Cybertruck Outsells Ford F-150 Lightning And Rivian R1T Combined In May Despite Price Premium | Benzinga
Tesla Inc‘s (NASDAQ:TSLA) Cybertruck outsold Ford Motor Co‘s (NYSE:F) F-150 Lightning and Rivian Automotive‘s (NASDAQ:RIVN) R1T truck to become the most sold American-made EV truck in the U.S. in the month of May, as per vehicle registration data.
What Happened: According to data from S&P Global Mobility, 3,907 Cybertrucks were registered in May as compared to Ford’s F-150 Lightning which had 2,353 registrations, and Rivian’s R1T which had 1,237 registrations. In fact, the Cybertruck outsold the Lightning and R1T cumulatively during the month, Automotive News reported.
“It’s surprising because the Cybertruck is such a unique, one-of-a-kind, unusual vehicle, really as far out of the mainstream as you can get,” Tom Libby, associate director ...