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Launching Lightning, Honda’s 30 EVs by 2030, Elon’s Twitter Offer

Author
ASOTU
Published
Thu 14 Apr 2022
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Thursday is electric as we cover the much anticipated launch of the Ford Lightning Pickup and Honda’s bold ambitions to launch 30 EVs by 2030. We also talk about Elon’s “best and final” offer to buy Twitter. All of it. 

  • We’re only days away from Ford’s F150 Lightning launch on April 26th
    • Will hold event at  Rouge Electric Vehicle Center in Michigan where it will celebrate the official start of production and feature several customer deliveries in a live streamed event
    • Reservations capped at 200k, but it is unknown how many converted to orders
    • 70 percent of Lightning reservation holders are new to Ford and to pickups
    • $39,974 for Pro model - Platinum over $92k  starting / 320 miles battery life 
  • Honda releasing 30 EVs by 2030 investing $40B Globally
    • “As the world’s largest power unit manufacturer with annual sales of approximately 30 million units of mobility products including motorcycles, automobiles, power products, outboard motors and aircraft, Honda says that it aims to realize carbon neutrality for all products and corporate activities Honda is involved in by 2050. To this end, Honda believes that a multifaceted and multidimensional approach is needed, not a mere replacing of engines with batteries.”
    • Shifting revenue model from non-recurring hardware sales to recurring services AND hardware approach. Software subscription, swappable batteries etc
  • Elon makes “best and final” offer to buy Twitter $54.20 / share to buy 100%
    • 799M shares outstanding
    • Totals over 54B price / Current valuation about 38B
    • Musk wealth is about 260B
    • Says he may consider his position as a shareholder if his bid is denied
    • Currently owns 9.2% 


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Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.

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