(To enroll in the “CNBC Investing Membership with Jim Cramer,” subscribe here.)

Ford CEO Jim Farley stated Thursday that curiosity within the automaker’s soon-to-launch F-150 Lightning pickup truck is so nice that it needed to cease taking reservations.

“We’re utterly oversubscribed with our battery electrical autos, Lightning particularly,” Farley stated in an interview throughout a particular stay on-line occasion, “CNBC Investing Club: Jim Cramer’s Game Plan for 2022.”

“We needed to cease reservations we obtained so many,” Farley added. “We stopped at 200,000, and people are orders. Laborious orders.”

Farley stated Ford is pushing full manufacturing capability at “70,000 or 80,000 models” the Lightning, the all-electric model of America’s decadeslong best-selling F-series pickup truck.

It is anticipated arrive in dealerships by mid-2022.

“We will attempt to double that,” he stated. “We have performed it up to now. Do not guess towards Ford when we’ve to extend capability. That is what we do.”

We might love your suggestions on the CNBC Investing Membership occasion. Please fill out this survey here.

The CNBC Investing Membership is now the official house to my Charitable Belief. It is the place the place you’ll be able to see each transfer we make for the portfolio and get my market perception earlier than anybody else. The Charitable Belief and my writings are not affiliated with Motion Alerts Plus in any approach.

As a subscriber to the CNBC Investing Membership with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Usually, Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If the commerce alert is shipped pre-market, Jim waits 5 minutes after the market opens earlier than executing the commerce. If the commerce alert is issued with lower than 45 minutes within the buying and selling day, Jim executes the commerce 5 minutes earlier than the market closes. If Jim has talked a few inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. See here for the investing disclaimer.

 (Jim Cramer’s Charitable Belief is lengthy F.)