✅ 5/9 Lightning Build Week Group

[Hamtech]

The posts were mine. The bright side is that we are actually getting a truck unlike the Tesla fandom.

The delivery and sale of vehicles from different blend dates helps Ford in any hypothetical stretch of securities claims I can think up.

However, you can ask Boeing how a stretch of a misstatement and breach of duty securities claim can lead to a huge settlement.

To me Ford is being smart in allowing the company to say:

“Supply constraints are an issue but are isolated to a few outliers”.

I anticipate we will start to see an increase in Ford executives talking about chip shortages and its impact.

We forum members are hyper focused on the day to day production of vehicles where as an investor, either institutional or individual is focused on monthly reports. Ford will need to have cover if the deliveries and production start to decrease from previous months.

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[F150ROD]

The posts were mine. The bright side is that we are actually getting a truck unlike the Tesla fandom.

The delivery and sale of vehicles from different blend dates helps Ford in any hypothetical stretch of securities claims I can think up.

However, you can ask Boeing how a stretch of a misstatement and breach of duty securities claim can lead to a huge settlement.

To me Ford is being smart in allowing the company to say:

“Supply constraints are an issue but are isolated to a few outliers”.

I anticipate we will start to see an increase in Ford executives talking about chip shortages and its impact.

We forum members are hyper focused on the day to day production of vehicles where as an investor, either institutional or individual is focused on monthly reports. Ford will need to have cover if the deliveries and production start to decrease from previous months.

This isn’t Fords bread and butter vehicle. They have other vehicles that they sell. It could be they decided that using all chips on the EV version was a bad idea while their best selling ICE Vehicle collects dust. There are plenty of people also waiting on the ICE version since Jan.

The only promise I remember Ford made was deliveries by spring and they have accomplished that.

 

[uwquigman]

So I'm so sorry for the rest of you on here but I did just get a call from my dealer and I'm picking it up this afternoon!!! Will post pics!!!

Here's a couple from this AM. Sorry to hear not all of you are going to get them as soon as we all wanted. Gonna take it down to Cars and Coffee down in San Clemente on Saturday if anyone on here is also in So Cal!

 

[aquapools]

Just got off the phone with Ford and had to prod the operator to tell me WTF is going on and why my truck has not shipped. He finally admitted it's a plant Hold for a Micro Chip. This shit is ridiculous when I see other trucks manufactured after my truck and in the hands of their owners.

 

[bosox8]

Just got off the phone with Ford and had to prod the operator to tell me WTF is going on and why my truck has not shipped. He finally admitted it's a plant Hold for a Micro Chip. This shit is ridiculous when I see other trucks manufactured after my truck and in the hands of their owners.

...and what's really frustrating, as the Fed leaps into sustained increases to lending rates and not knowing when we get them borrowing rates could well be 2% - 3% more than someone could anticipate with an April / May "build" date

 

[Firestop]

The posts were mine. The bright side is that we are actually getting a truck unlike the Tesla fandom.

The delivery and sale of vehicles from different blend dates helps Ford in any hypothetical stretch of securities claims I can think up.

However, you can ask Boeing how a stretch of a misstatement and breach of duty securities claim can lead to a huge settlement.

To me Ford is being smart in allowing the company to say:

“Supply constraints are an issue but are isolated to a few outliers”.

I anticipate we will start to see an increase in Ford executives talking about chip shortages and its impact.

We forum members are hyper focused on the day to day production of vehicles where as an investor, either institutional or individual is focused on monthly reports. Ford will need to have cover if the deliveries and production start to decrease from previous months.

I‘m seeing speculations the “chip hold” is something nefarious…it very well could have been a faulty chip install during that build period that was caught during QC, thus requiring a “hold” until that batch got replaced. That would then put a squeeze on Ford to have to order the batch replacement while continuing their manufacturing schedule…. Of course, my speculation is no better than any other out there.

You know, I really don’t have a clue; but, and I could be overly trusting that there are still companies/people who are still doing the right thing, but I’m willing to give Ford the benefit of the doubt until the “facts” are released. Then again, Ford could alleviate this issue by being a little more communicative……

 

[Hamtech]

I‘m seeing speculations the “chip hold” is something nefarious…if very well could have been a faulty chip install during that build period that was caught during QC, thus requiring a “hold” until that batch got replaced. That would then put a squeeze on Ford to have to order the batch replacement while continuing their manufacturing schedule…. Of course, my speculation is no better than any other out there.

You know, I really don’t have a clue; but, and I could be overly trusting that there are still companies/people who are still doing the right thing, but I’m willing to give Ford the benefit of the doubt until the “facts” are released. Then again, Ford could alleviate this issue by being a little more communicative……

I live in the world of corporate disclosures. Misstatements are rarely nefarious.

With any foreseeable impact on a company there is a requirement that a company report and speak to the impact. It took Ford some time to admit they were experiencing supply constraints across their lines. Ford has since reported the impact of constraints.

My commentary is that several Officers of Ford have made statements specifically about the Lightning and their being no supply constraints or a prioritization of Lightning production. Such definitive statements are called actionable statements in securities law (stocks).

The statements are called actionable because it is foreseeable that someone hearing the statements could rely on them to purchase stock.

An officer can provide opinion, puffery, forward looking statements and not have them turn out to not be true. These types are states are okay.

A statement about a current situation or status that turns out to not be true is when a company gets sued by a stock holder for 10b5 violations.

That is when I get called and make the money to afford my Lightning.

 

[Firestop]

I live in the world of corporate disclosures. Misstatements are rarely nefarious.

With any foreseeable impact on a company there is a requirement that a company report and speak to the impact. It took Ford some time to admit they were experiencing supply constraints across their lines. Ford has since reported the impact of constraints.

My commentary is that several Officers of Ford have made statements specifically about the Lightning and their being no supply constraints or a prioritization of Lightning production. Such definitive statements are called actionable statements in securities law (stocks).

The statements are called actionable because it is foreseeable that someone hearing the statements could rely on them to purchase stock.

An officer can provide opinion, puffery, forward looking statements and not have them turn out to not be true. These types are states are okay.

A statement about a current situation or status that turns out to not be true is when a company gets sued by a stock holder for 10b5 violations.

That is when I get called and make the money to afford my Lightning.

Point taken, which is why I wish they would just communicate, in a more timely manner, the status of production. This to your point as I understand it, its not the delay that could possibly be the cause, but it’s the failure to disclose or cover up that can lead to issues….a lesson learned over again in life too many times by to many people/corporations.

 

[Hamtech]

Point taken, which is why I wish they would just communicate, in a more timely manner, the status of production. This to your point as I understand it, its not the delay that could possibly be the cause, but it’s the failure to disclose or cover up that can lead to issues….a lesson learned over again in life too many times by to many people/corporations.

You just explained what takes me a year to get a new associate to understand.

This is the first time in my career that I am getting first hand experience of the impact of corporate statements.

When Farley said the Lightning would be prioritized I felt great and even told my wife there was chance we could get the truck early. Now that hope was clearly based on inaccurate statements which I have yet to see corrected. Saying there are current constraints on the Lightning is not a corrective disclosure.

 

[FordTough98198]

Some of y’all act like your Lightning is the only thing Ford has to build. You’re talking about a company that literally builds hundreds of thousands of vehicles. Ford does not have a personal vendetta against you, or your lot of VIN’s, or the color you chose or you decision to get a spray in liner. I’ve ordered several vehicles from Ford and this experience has been no different than the 4 others. Eventually the car shows up and they swap my hard earned cash for the sheet metal.

If you expect it to be “different” with Tesla or any of the others you can read plenty of forums and see it’s not, really.

Remember Saturn, the “different kind of car company.” Yea that lasted a long time…

Just my two cents while I patiently wait for June 30 -July 6 to come….

 

[PV2EV]

You just explained what takes me a year to get a new associate to understand.

This is the first time in my career that I am getting first hand experience of the impact of corporate statements.

When Farley said the Lightning would be prioritized I felt great and even told my wife there was chance we could get the truck early. Now that hope was clearly based on inaccurate statements which I have yet to see corrected. Saying there are current constraints on the Lightning is not a corrective disclosure.

If we assume this chip hold is due to a bad batch of parts (and not a lie), and they ordered enough for MY2022 and no more, then the original statement was correct at the time.

Regardless, only disclosing the now new constraint via a scripted Ford chat response is not transparent, and problematic for waiting buyers. It may be even worse when wave 7 invites are sent knowing the info, but not formally disclosing it.

 

[F150ROD]

How much more transparent can Ford Chat be? “Micro Chip Hold” anything else or if you want information on what micro chip is holding you back should be addressed to your dealer and salesman.

We are lucky Ford Chat even provides updates because that’s not what they are there for. Last year Ford Performance Chat decided to stop the practice and just advised everyone to speak to their dealer. I suspect this will happen soon on Ford Chat.

 

[Hamtech]

Some of y’all act like your Lightning is the only thing Ford has to build. You’re talking about a company that literally builds hundreds of thousands of vehicles. Ford does not have a personal vendetta against you, or your lot of VIN’s, or the color you chose or you decision to get a spray in liner. I’ve ordered several vehicles from Ford and this experience has been no different than the 4 others. Eventually the car shows up and they swap my hard earned cash for the sheet metal.

If you expect it to be “different” with Tesla or any of the others you can read plenty of forums and see it’s not, really.

Remember Saturn, the “different kind of car company.” Yea that lasted a long time…

Just my two cents while I patiently wait for June 30 -July 6 to come….

I agree no vendetta.

However, I can give you a list of recently filed section 10b5 case that survived motions to dismissed which were based on much less significant omission on supply constraint impact.

I have been tongue in check about Ford vendetta against me. My frustration was when I was told the truck was at the body shop. The visibility report shows as much and then out of no where the status is change to chip hold.

That is my general frustration.

I am also at a complete loss to understand how a 4/26 blend week truck can be on chip hold when 5/9 blend week trucks have been delivered. I understand VINs may not be produced in order but a vehicle with a blend date weeks before should not be on chip hold and have a truck with a blend date late delivered. To me this has the appearance of spreading the impact so there is not a concrete date of impact to point to.

Tesla is exhibit A of how not to make disclosures. There is a reason Musk is only CEO and not also Chairman.

I am going to stop commenting and only provided comments relevant to this awesome truck. Like how much easier it is to set the amperage on the pro charger than a Tesla wall charger.

 

[aquapools]

How much more transparent can Ford Chat be? “Micro Chip Hold” anything else or if you want information on what micro chip is holding you back should be addressed to your dealer and salesman.

We are lucky Ford Chat even provides updates because that’s not what they are there for. Last year Ford Performance Chat decided to stop the practice and just advised everyone to speak to their dealer. I suspect this will happen soon on Ford Chat.

Ford chat is a joke. The first time I contacted Ford Chat they said my truck was sent to the body shop with no explanation. The second time all they could say is that the truck was in Production. The third Ford chat person said the same thing. Finally two days ago I pressed the Ford Chat rep and he finally told me that my truck was on a Micro Chip hold and I pressed him to answer why other trucks that were produced after mine were either in transit and/or delivered. He said he didn't have that information. All of us heard Farley spouting off about having all the chips and batteries needed for all the Lightning trucks built in 2022, but now all of a sudden there is a Micro chip shortage in selected vehicles, but not in others. I reached out to Farley and Mike Levine on Twitter and all I hear is crickets. Something does not pass the smell test and your statement about Ford being Transparent is a joke.

 

[aquapools]

Question if I already have a Tear Tag number which is:

My Tear Tag # is CGV8 so is my truck fully built ?


Does that mean my truck is fully built and Ford is again telling me false information via Ford Chat ?

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