'Fast Money' traders talk Ford announcing it is pulling the plug on its Lightning EVs
LOOKING FOR A LOWER END PRICE POINT. >> PHIL THANK YOU. PHIL LEBEAU WITH THE NEWS ON FORD.SHARES ARE HIGHER BY ABOUT 1% IN THE AFTERMARKET SESSION. BUT GOING DOWN THE AFFORDABILITY ROUTE, WHILE A GREAT ONE FOR THE AMERICAN PEOPLE, MEANS A LOT MORE COMPETITION. THAT IS WHERE TESLA IS NOW COMPETING WITH ITS LOWER COST VERSION.A LOT OF OTHER AUTOMAKERS ARE COMPETING WITH LOWER COST VERSIONS OF EVS. WHAT DO YOU MAKE OF THIS NEWS. >> I THINK ON THE MARGINS, IT'S POSITIVE FOR FORD, BUT INCREMENTALLY. SO I THINK I ...