‘Take that, Elon Musk’: Ford’s CEO takes a swipe at EV rival while announcing solar investment

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Farley has praised Musk in the past.

Ford CEO Jim Farley poses for a photo at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022, in Dearborn, MichiganFord CEO Jim Farley took a swipe at Tesla CEO Elon Musk Wednesday while announcing a major investment in solar energy.

First announced in 2019, the Tesla Cybertruck was originally supposed to go into production in 2021, but Musk has said that it will now kick off in mid-2023. Meanwhile, the F-150 Lightning is currently the bestselling electric truck in the market, outselling the only other two entrants, the Rivian R1T and GMC Hummer EV.

Farley’s comment was likely intended as a light-hearted dig at Musk, who has also used the Ford F-150 as a benchmark by which to measure the Cybertruck’s power and performance. by a wide margin, owning some 75 percent of the EV market. The Tesla Model 3 and Model Y are the two top-selling EVs in the US, followed by the Ford Mustang Mach-E — but it’s a distant third, with 6,734 Mach-E deliveries during the first quarter of 2022 compared to 46,707 units for the Model 3.

“It’s a strategic investment in Michigan to help us get more clean energy on the grid sooner,” Farley said at a press conference. “We don’t have to depend on oil price spikes in economic cycles to keep full employment.”To date, Amazon has claimed to be the largest global purchaser of renewable energy. Earlier this year, the e-commerce giant

 

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Meanwhile for whatever reason rivian didn't get the EV tax credit 😬

Fighting a fox by throwing chicken nuggets at him.

Raises prices too

The Ford Lightning only gets 86 miles when towing What a piece of garbage

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 /  🏆 94. in JP

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