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Zenger
Zenger
Technology
Shanthi Rexaline

‌Diminishing Novelty Of EVs: Cramer Reacts To Ford’s Price Drop For F-150 Lightning Pickup‌

Ford Jim Cramer Tesla Inc. Elon Musk CNBC
Logo of Ford Motor Co. Jim Cramer, the host of CNBC’s Mad Money, alters his stance, as Ford slashes the price of the F-150 Lightning electric pickup truck. DAN DENNIS/UNSPLASH. 

Jim Cramer reversed his stance following Ford Motor Co.‘s (NYSE:F) 17% price reduction for its F-150 Lightning electric pickup truck. 

Ford’s decision to cut prices can be attributed, at least in part, to the diminishing novelty of electric vehicles among many Americans, Cramer reportedly said.

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