Did Ford take apart a Tesla?
Ford CEO Jim Farley, in a new interview, says he realized Ford had been doing EVs all wrong after his team ripped apart a Tesla: “When we ripped apart a Tesla, I was just absolutely flabbergasted. The Mach-E’s wiring harness was 70 pounds heavier and 1. Ford Motor Company CEO admits he drives a Chinese- built electric car — the Xiaomi SU7 — so he can understand what it takes to compete globally. While some leaders downplay EVs, Jim Farley is literally studying the competition from the inside out.Ford CEO Jim Farley, in a new interview, says he realized Ford had been doing EVs all wrong after his team ripped apart a Tesla: “When we ripped apart a Tesla, I was just absolutely flabbergasted. The Mach-E’s wiring harness was 70 pounds heavier and 1.
Is Ford in trouble financially?
Tariffs, fires, EVs, oh my. But things are maybe, possibly, looking better for 2026. For Ford, 2025 was an annus horribilis, as the late Queen Elizabeth would have famously described it. The automaker ended 2025 with an $11. Analysts project GM’s 2026 operating profit at $14 billion, outpacing Ford’s nearly $9 billion forecast. GM maintains a larger U. S. EV market share, though both face slowing demand.On Tuesday, Ford said its electric vehicle division lost $4. The company also said the division would continue losing money for at least two more years. Falling car sales have taken a toll on Tesla’s net profit, which was $3. Profit in the fourth quarter fell to $840 million from $2.