'DETROIT – Ford Motor has paused production and shipments of its electric F-150 Lightning pickup due to a potential battery issue, the company said Tuesday.

Ford spokeswoman Emma Bergg declined to disclose details of the possible battery issue, which is being investigated after a vehicle displayed a potential problem as part of the automaker’s pre-delivery quality inspections.

The stop-shipment order and halt in production was issued at the beginning of last week, according to Bergg. It adds to ongoing “execution issues” detailed to investors earlier this month by Ford CEO Jim Farley that crippled the automaker’s fourth-quarter earnings.

Shares of Ford were down about 1% in midafternoon trading Tuesday. The stock was trading for under $13 a share.

Ford has not established a timeline for when production and the shipments will resume, according to Bergg.

“The team is diligently working on the root cause analysis,” she said, adding the company is “doing the right thing by our customers” to resolve any potential issues before resuming production and shipments.'

www.cnbc.com/2023/02/14/ford-halts-f-150-lightning-production.html

Master, again and still