Ford Comes to the Rescue of Tesla

Ford  (F) – Get Ford Motor Company Report and its CEO Jim Farley have a person obsession: to conquer Tesla  (TSLA) – Get Tesla Inc. Report

In launching the start out of the F-150 Lightning electrical pickup, the clean edition of the most effective-promoting F-150, Farley experienced been crystal clear.

“We strategy to challenge Tesla and all comers to develop into the best EV maker in the entire world,” Farley claimed on April 26. “That’s one thing that no one would have believed just two many years ago from us.”

Farley did not be reluctant to mock Tesla by inquiring when production of the long-awaited Cybertruck, the rival of the F-150 Lightning, was heading to get started. Tesla CEO Elon Musk lately promised it will be in 2023 after many delays.