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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

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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