Some auto investors were initially unimpressed by Ford Motor Company 's (NYSE: F) reveal of its battery-electric F-150 Lightning last month. After all, if Ford is simply defending its pickup-truck turf from new entrants as the world transitions to electric vehicles, how could that be bullish?
But it turns out that some of the opportunities enabled by the new truck could well be bullish for Ford's sales and profits. In this Motley Fool Live broadcast, recorded on May 27 , Industry Focus host Nick Sciple and Motley Fool senior auto specialist John Rosevear take a closer look at how the F-150 Lightning fits into Ford's profit-growth plan -- and why even defending its turf is arguably bullish for Ford's stock right now.
A transcript is below.
For further details see:
Why Ford's Electric F-150 Lightning Is Bullish