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Ford teases upcoming F-150 electric pickup by towing 1.25 million pounds of cargo
Back in January, Jim Farley, Ford’s president of global markets, made a blockbuster announcement that caused ripples in the American auto industry. During a presentation at the Deutsche Bank Global Automotive Conference in the MGM Grand in Detroit, Farley boldly stated that the F-150, one of the company’s most successful vehicles to date and arguably its biggest cash cow, was going electric.
The electric F-150 won’t be a half-step either. There will be a hybrid version of the truck, but there will be one that uses absolutely no fossil fuel at all. The idea surprised many of Detroit’s veterans, especially considering the reputation and pedigree of the F-150 as America’s most iconic workhorse. After all, what type of vehicle will an all-electric F-150 be?
If a recently-released promotional video is any indication, the all-electric F-150 will be everything that it’s fossil fuel-powered predecessors are, and more. In a demonstration, a video of which was uploaded on YouTube, the Detroit-based carmaker showcased how much cargo its upcoming battery-electric truck could actually tow. As it turns out, the figure lies somewhere between zero and 1.25 million pounds.
To accomplish this feat, Ford brought over its electric pickup truck prototype with chief engineer Linda Zhang, who met with a group of avid F-150 owners. The engineer, after dramatically unveiling the prototype as an all-electric vehicle, proceeded to have the truck hooked up to 10 double-decker rail cars. After pulling the million-pound load for 1,000 feet, the team repeated the demonstration, this time adding an extra 42 gas-burning F-150s in the rail cars. Zhang mentioned that overall, the entire load — rail cars and F-150s included — was around 1.25 million pounds.
Inasmuch as the demo was incredibly impressive, Ford was careful to note that the towing stunt was a “one-time short event demonstration.” The company also claimed that the feat was “far beyond any production truck’s published capacity.” Yet, despite these statements, it is difficult not to be impressed with Ford’s F-150 electric truck prototype. The demo, if any, almost seemed like the veteran carmaker was showing younger companies like Tesla and Rivian (both of which are entering the market with their own all-electric pickups) that it holds a notable level of mastery in truck-building.
While Ford is yet to announce a concrete release date for its all-electric F-150, the company seems to be putting a lot of effort in ensuring that its upcoming EV initiative will be a success. The company, for example, has partnered with Volkswagen, which will allow Ford to use the German carmaker’s MEB architecture. Ford has also invested $500 million in electric truck startup Rivian, which will give the veteran automaker access to the startup’s skateboard platform. Ford plans to produce over a dozen electric and electrified models by 2022.
Watch Ford’s F-150 electric truck prototype tow over a million pounds in the video below.
Elon Musk
Lufthansa Group to equip Starlink on its 850-aircraft fleet
Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release.
Lufthansa Group has announced a partnership with Starlink that will bring high-speed internet connectivity to every aircraft across all its carriers.
This means that aircraft across the group’s brands, from Lufthansa, SWISS, and Austrian Airlines to Brussels Airlines, would be able to enjoy high-speed internet access using the industry-leading satellite internet solution.
Starlink in-flight internet
Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release.
Starlink’s low-Earth orbit satellites are expected to provide significantly higher bandwidth and lower latency than traditional in-flight Wi-Fi, which should enable streaming, online work, and other data-intensive applications for passengers during flights.
Starlink-powered internet is expected to be available on the first commercial flights as early as the second half of 2026. The rollout will continue through the decade, with the entire Lufthansa Group fleet scheduled to be fully equipped with Starlink by 2029. Once complete, no other European airline group will operate more Starlink-connected aircraft.
Free high-speed access
As part of the initiative, Lufthansa Group will offer the new high-speed internet free of charge to all status customers and Travel ID users, regardless of cabin class. Chief Commercial Officer Dieter Vranckx shared his expectations for the program.
“In our anniversary year, in which we are celebrating Lufthansa’s 100th birthday, we have decided to introduce a new high-speed internet solution from Starlink for all our airlines. The Lufthansa Group is taking the next step and setting an essential milestone for the premium travel experience of our customers.
“Connectivity on board plays an important role today, and with Starlink, we are not only investing in the best product on the market, but also in the satisfaction of our passengers,” Vranckx said.
Elon Musk
Tesla locks in Elon Musk’s top problem solver as it enters its most ambitious era
The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.
Tesla has granted Senior Vice President of Automotive Tom Zhu more than 520,000 stock options, tying a significant portion of his compensation to the company’s long-term performance.
The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.
Tesla secures top talent
According to a Form 4 filing with the U.S. Securities and Exchange Commission, Tom Zhu received 520,021 stock options with an exercise price of $435.80 per share. Since the award will not fully vest until March 5, 2031, Zhu must remain at Tesla for more than five years to realize the award’s full benefit.
Considering that Tesla shares are currently trading at around the $445 to $450 per share level, Zhu will really only see gains in his equity award if Tesla’s stock price sees a notable rise over the years, as noted in a Sina Finance report.
Still, even at today’s prices, Zhu’s stock award is already worth over $230 million. If Tesla reaches the market cap targets set forth in Elon Musk’s 2025 CEO Performance Award, Zhu would become a billionaire from this equity award alone.
Tesla’s problem solver
Zhu joined Tesla in April 2014 and initially led the company’s Supercharger rollout in China. Later that year, he assumed the leadership of Tesla’s China business, where he played a central role in Tesla’s localization efforts, including expanding retail and service networks, and later, overseeing the development of Gigafactory Shanghai.
Zhu’s efforts helped transform China into one of Tesla’s most important markets and production hubs. In 2023, Tesla promoted Zhu to Senior Vice President of Automotive, placing him among the company’s core global executives and expanding his influence beyond China. He has since garnered a reputation as the company’s problem solver, being tapped by Elon Musk to help ramp Giga Texas’s vehicle production.
With this in mind, Tesla’s recent filing seems to suggest that the company is locking in its top talent as it enters its newest, most ambitious era to date. As could be seen in the targets of Elon Musk’s 2025 pay package, Tesla is now aiming to be the world’s largest company by market cap, and it is aiming to achieve production levels that are unheard of. Zhu’s talents would definitely be of use in this stage of the company’s growth.
News
Tesla counters Norway’s VAT hike with dedicated consumer bonus
The move follows Tesla Norway’s stunning finish in 2025, where the company saw substantial sales during the final weeks of the year.
Tesla has rolled out a price incentive in Norway, effectively offsetting a notable VAT increase that hit electric vehicle buyers at the start of 2026.
The move follows Tesla Norway’s stunning finish in 2025, where the company saw substantial sales during the final weeks of the year.
A “Tesla bonus”
Once the VAT increase kicked in at the start of 2026, Tesla Norway’s sales cooled almost immediately, as noted in a CarUp report. Tesla’s response was swift, with the electric vehicle maker rolling out what it calls a “Tesla bonus.”
This bonus effectively cuts prices by up to 50,000 kronor across eight model variants. All versions of the Tesla Model Y qualify for the incentive, along with most Tesla Model 3 trims, save for the base entry-level model.
This means that for Tesla Norway’s best-selling vehicles, the bonus effectively restores pricing to pre-VAT levels. This blunts the impact of the new tax and makes Tesla’s vehicle offerings competitive again in Europe’s most EV-saturated market.
Stabilizing demand
In addition to the “Tesla bonus,” the electric car maker is also offering a promotional interest rate for up to three years, with terms varying by model. The incentive applies to orders placed between January 9 and March 31, 2026, with delivery required by the end of the first quarter.
The stakes are high in Norway, where electric vehicles dominate new-car registrations. From the vehicles that were sold in 2025, 96% of new cars sold were fully electric. And from this number, Tesla and its Model Y made their dominance felt. This was highlighted by Geir Inge Stokke, director of OFV, who noted that Tesla was able to achieve its stellar results despite its small vehicle lineup.
“Taking almost 20% market share during a year with record-high new car sales is remarkable in itself. When a brand also achieves such volumes with so few models, it says a lot about both demand and Tesla’s impact on the Norwegian market,” Stokke stated.
Lufthansa Group to equip Starlink on its 850-aircraft fleet
Tesla locks in Elon Musk’s top problem solver as it enters its most ambitious era
