Ford’s EV Sales Leap. Will the Stock Follow Suit?

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The Street

By Bret Kenwell Ford’s EV sales more than tripled in May. Here’s what the chart looks like now. Shares of Ford (F) – Get Ford Motor Company Report are up more than 2% on Thursday and pushing to session highs following an update from the automaker. First, the company announced its May sales, which included its first sales of the new all-electric F-150 Lightning pickup. It also included F-Series pickup sales, which climbed almost 7%, and its best-ever sales results from its Mach-E model. Overall, May sales fell 4.5% year over year. But that’s better than the 10.5% drop Ford saw in April and it a…

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