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Ford's 'Model T Moment': Affordable Electric Ranchero Unveiling

8/10/2025

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Story summary
  • Ford will unveil a new electric vehicle on August 11, calling it a “Model T moment” for EVs.
  • The company has trademarked the “Ranchero” name, suggesting a revival of its classic car-pickup hybrid as an affordable electric option.
  • Ford aims to produce smaller, cost-effective EVs to navigate a competitive market after recent losses in its EV division.
  • Tesla is experiencing a crisis as used Cybertruck prices drop, indicating broader brand challenges due to declining demand and CEO Elon Musk's controversies.