Sales & EV Push
The company announced today that it sold 173,740 total vehicles in December in the US, which marked a year-over-year drop of 17.1%, but the figure was higher compared to November's 158,793 cars sold. 
Furthermore, Ford claims to have been the best-selling automaker in the fourth quarter, with 508,451 units sold - a 26.8 percent increase over the third quarter, compared to an overall industry decline of approximately 3%.
The Michigan-based manufacturer, has made a big push towards electrification and in 2021 it saw the best-ever sales for full electric vehicles.
Its iconic F-series truck, was the best selling truck in America, for the 45th straight year. Ford had unveiled the all-electric variant of this vehicle back in May and yesterday, its CEO twitted that production would nearly double to 150,000 units annually due to increased demand. This is the second such announcement, since September's increase from 40K to 80K vehicles. 
The F-150 Lightning is still in preproduction phase and has close to 200,000 reservations. The first wave of reservation holders will start converting their reservations to orders this week. 
Ford had recently announced the tripling of production for the Mustang Mach-E and expects to reach 200,000-plus units per year by 2023.
The firm's stock has gone from strength to strength during the past year, largely thanks to the Ford+ plan, which aims for 40% of Ford global vehicle volume to be all-electric by 2030, while raising planned electrification spending to $30+ billion by 2025. 
The stock hit the $20 mark for the first time in more than 20 years in early November and F.us registered a mind-boggling 137% rally in 2021.
The first week of the year has started in the offensive with fresh 20+ year highs, while today it remains upbeat, eyeing 26.15. From a purely technical perspective, the current levels are overbought and this could potentially create pressure towards mid-21.00.
Past Performance: Past Performance is not an indicator of future results.
Senior Market Specialist
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
Retrieved 05 Jan 2022 https://twitter.com/jimfarley98/status/1478320301385519104
Retrieved 27 Jan 2022 https://s23.q4cdn.com/799033206/files/doc_news/2021/05/Delivering-Ford-May-26-2021.pdf