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EV Pickups Are a Bust for US Carmakers

It’s not just Tesla struggling to sell its Cybertruck. Ford, General Motors and Rivian have had a hard time convincing US customers to buy electric pick-up trucks. Bloomberg’s Detroit Bureau Chief David Welch explains why. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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It’s not just Tesla struggling to sell its Cybertruck. Ford, General Motors and Rivian have had a hard time convincing US customers to buy electric pick-up trucks. Bloomberg’s Detroit Bureau Chief David Welch explains why.
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14 Comments

14 Comments

  1. @scoty_does

    August 18, 2025 at 4:16 pm

    Don’t underestimate the hand of UAW. They don’t want legacy to make EV’s in any flavor.

  2. @therealcnn5346

    August 18, 2025 at 5:25 pm

    How much $$$ in subsidies did we blow?

  3. @JeffBroekhoven

    August 18, 2025 at 5:32 pm

    I gave a deposit to Ford because they pledged to start with the “working class” model. Years later they flip flopped and released the high end models first, and I bought a used Tesla with FSD its a spaceship

  4. @happytrails1963

    August 18, 2025 at 5:33 pm

    no more ev incentives

  5. @turbodewd1

    August 18, 2025 at 7:00 pm

    EVs reduce auto jobs…Teslas are barely requiring repairs

  6. @PD55_

    August 18, 2025 at 7:02 pm

    Fleet owners are smart, EVs lower cost of ownership translates into better profits. Fleets are non-partisan, business comes first. Legacy automakers have not figured out how to lower production costs, and dealer markups are a plague on buyers. Meanwhile, the rest of the world is moving to electrification of transportation and away from obsolete ICE and oil dependencies.

    • @teevee2145

      August 18, 2025 at 8:47 pm

      propaganda

  7. @CozyBear_29

    August 18, 2025 at 7:16 pm

    The Maverick is selling like mad and if they had an all EV model with good range that would sell too. Big demand for the Slate Truck.
    Normal people don’t want a $70K Cosplay truck with 15 mpg.
    Chevrolet’s electric vehicle Ultium platform could easily be used for a normal pickup for the people.

  8. @CraigMatsuura

    August 18, 2025 at 7:26 pm

    I think GM is starting to show a EV truck is closing into price ranges that make more sense. Also GM is solving range with energy, that’s how you do it with a has or diesel too. Once they start trying them they will realize the base rule you loss 50% of range applies to all power types (gas, diesel and electric)

  9. @PD55_

    August 18, 2025 at 7:31 pm

    Most pickups are ego toys that never see dirt. Real work trucks are capital purchases, decisions made carefully by business owners trying to scratch out a living. Equipment is non-partisan. Just please make affordable, reliable pickups to help US small businesses. EVs should be cheaper (30% fewer parts than ICE), and cost less to operate.

  10. @sarabeth8050

    August 18, 2025 at 7:31 pm

    The folks who buy EVs don’t like pickups and the folks who buy pickups don’t like EVs. Who was the idiot who thought it was a good idea to make EV pickups?

  11. @DougGrinbergs

    August 18, 2025 at 8:16 pm

    Curious about Slate, Telo. Sandy Munro thinks both are promising.

  12. @teevee2145

    August 18, 2025 at 8:46 pm

    sure made elon rich

  13. @BryceLovesTech

    August 18, 2025 at 8:51 pm

    I have a 2013 Tesla I would definitely trade it in for a midsize EV if the price was right

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Bloomberg Technology

Alibaba’s AI Spending Spree, Concerns of Circular AI Financing | Bloomberg Tech 8/20/2026

Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems. 00:00:00 –…

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Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba’s profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft’s largest AI customers, and at defense tech startup Castelion’s plans to boost production of its hypersonic missile systems.

00:00:00 – Bloomberg Tech Begins
00:01:49 – Peter Elstrom, Bloomberg News
00:04:44 – Marta Norton, Empower
00:12:39 – Vlad Tenev, Robinhood CEO
00:15:06 – Brody Ford, Bloomberg News
00:19:51 – Rachel Metz, Bloomberg News
00:24:03 – Rebecca Torrence, Bloomberg News
00:26:18 – Andrew Kreitz, Castelion
00:33:24 – Navin Chaddha, Mayfield
00:41:18 – Greg Ryan, Bloomberg News
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Mayfield Bets on AI’s Earliest Founders

Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield…

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Mayfield has invested more than $3 billion in AI companies, much of it before founders have built a product or even formed a company. Managing Partner Navin Chaddha joins Bloomberg to discuss why he sees AI as a “100x opportunity,” why venture returns still depend on finding a handful of exceptional founders, and why Mayfield is resisting the industry’s push toward ever-larger funds to stay focused on early-stage investing. He joins Ed Ludlow on “Bloomberg Tech.”
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The Defense Startup Taking a SpaceX Approach to Missiles

Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at…

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Defense startup Castelion has raised $1 billion at a $13 billion valuation as it races to scale production of its Blackbeard hypersonic weapon system and develop new long-range and defensive capabilities. Co-founder and CFO Andrew Kreitz discusses why manufacturing thousands of weapons at low cost is the company’s central challenge, and how his experience at SpaceX shaped Castelion’s approach. He joins Ed Ludlow on “Bloomberg Tech.”
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