Ford CEO: We were disrupting the auto industry long before Elon Musk

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Ford CEO Jim Hackett says he respects Elon Musk, but isn't worried about competition from Tesla. 'He's competing with the ultimate disruptor in Henry Ford.'

At CNN Business' new live event series, The Table, we speak with transformative voices across industries about the ways in which technological disruption is changing their organization and the economy at large. Later this month, we'll sit down with Jennifer Bailey, the vice president of Apple Pay.

In the future, cars will be electric. They will drive themselves. People who use them might never own them, but share them instead. The auto industry is going through massive change -- and Tesla and its outspoken CEO, Elon Musk, are seen as the great disruptors. But as Ford CEO Jim Hackett pointed out during a recent interview for CNN Business' The Table with Poppy Harlow in Detroit, his company caused, arguably, the biggest industrial disruption of the entire 20th century. And he's not about to let anyone else take away that legacy.

Ford CEO: Autonomous vehicles will solve problems 03:06Tesla, on the other hand, has famously struggled to increase production at its Fremont, California, factory and, even as output has risen, quality issues remain. Despite being impressed by their practicality and performance, Consumer Reports doesn't recommend any Tesla products because of poor reliability.Of course, having been a disruptive force over a century ago doesn't mean much if the industry goes on changing without you.

 

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Not much competition if you ask me.

Ford has done nothing new or worthwhile for DECADES

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