News
Louisiana Dealership caught posting misleading Ford F-150 EV listing on Facebook
Update:
Aaron Ebenezer, the owner of the post, contacted Teslarati with a statement. He told us that his intention was not to deceive the audience but to inform them that with a minimum amount of $5,000 initial investment with approved credit, someone could own the F-150 EV.
“I was the Salesman that posted the All-Electric F-150 Truck on Facebook Marketplace, my intentions were not to deceive the audience but to inform them that with a minimum amount of $5,000 initial investment with approved credit, someone could own the F-150 EV.”
A Louisiana dealership is playing tricks on potential customers by listing a used Ford F-150 Lightning EV for $5,000 on Facebook. In a tip emailed to Teslarati, our reader shared photos of a conversation with the dealer rep in a private Facebook group. I did some digging and easily found the listing.
The listing is for a 2022 Ford F-150 Lightning Platinum and says that the vehicle is $5,000 and has been driven for 400 miles. According to the listing, it has an automatic transmission but it is an electric vehicle.
The full listing reads as follows from the screenshot below. In the screenshot, I blotted out the rep’s name and phone number.
“The new Electric F-150 is huge for Ford and, really, for the car industry at large.
“The F-150 has been the bestselling vehicle in America for over 40 years now, which means an EV F-150 is a big step towards electrifying cars, period.”
“From a huge panoramic sunroof, heated/cooling seats, 360 cameras, Navigation System, Apple?,?Android play to Hands-free Cruise(Autopilot) mode. This truck goes from 0-60mph in 4.3 secs ?, the fastest EV truck available to drive currently, even faster than a Raptor!!!”
“This beauty charges fast from 15% – 80% in 45mins. At 100% it goes 325 miles, + battery 8yrs warranty 100k miles.”
“On top of the bed space, it also has an empty hood space for luggage and extras.”
“Annnnnd that thang’s screen is MASSIVE!!!”
At the very bottom of the description, it was noted that the $5,000 price was the “suggested deposit WAC.”
According to the emailed tip, the dealership is also posting to the North Bossier Online Yard Sale Facebook group, a private group that is no longer accepting new memberships. (I tried to join.) The screenshot below is from the group and shows group members asking why the dealership changed the price from $139,999 to $5,000.
The dealership representative replied, “People have a problem with the price so, why not put the starting down payment?”
Someone else replied to the dealer rep, “It wouldn’t be so bad if the price wasn’t jacked up by $45K over MSRP.”
Dealerships are well known for being highly misleading and money hungry. A simple Google search can tell you that. Tesla is suing the Louisiana Automobile Dealers Association (LADA), the Louisiana Motor Vehicle Commission (LMVC), and several of its dealer board members after uncovering communications between the LADA and LMVC members “evidencing a common purpose to exclude Tesla from operating in Louisiana.”
Note: Johnna is a Tesla shareholder and supports its mission.
Your feedback is important. If you have any comments, or concerns, or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter at @JohnnaCrider1.
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Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
