Ford Comes to the Rescue of Tesla


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

In launching the beginning of the F-150 Lightning electrical pickup, the clear model of the best-selling F-150, Farley had been clear.

“We plan to challenge Tesla and all comers to become the top EV maker in the world,” Farley stated on April 26. “That’s something that no one would have believed just two years ago from us.”

Farley didn’t hesitate to mock Tesla by asking when manufacturing of the long-awaited Cybertruck, the rival of the F-150 Lightning, was going to start. Tesla CEO Elon Musk just lately promised it is going to be in 2023 after a number of delays.