This isn't a truck for people gallivanting across the country with a camper in tow or the kind of guy that the local Sunbelt Rentals manager is on a first name basis with.
This is a truck for someone who has a commuter sedan and a Toyota Tacoma or Honda Odyssey parked in their garage somewhere the houses cost a million bucks and there are more Black Lives Matter signs than black people, i.e. the kind of person who would have bought a crew cab half ton a decade ago if daily driving one didn't make them feel like a backwards hick poisoning the climate.
I'm sure it will "do truck stuff" as well as any other F150 (OEMs don't play fast and loose with the reputation of flagship products like the F150) but the range will obviously be subject to the same tradeoffs as every other EV. but these are demographics that break out in a cold sweat at the idea of cramming five people in a compact car. They're gonna use the thing at a fraction of it's capability. Towing 10k will be a once a year thing if that. That should be fine for now as most buyers will just want to tow to home depot or the boat ramp.
The range will creep up over the coming years as batteries get better until finally the EV truck also makes sense guy who's towing the camper cross country.